- Single family Cape Cod in Ashburn, Chicago
- Acquisition $71,000, budgeted rehab $42,000, sold $180,000
- Investor net ROI 7-10%, loan period of 180 days
- Major work required:
- New hardwood floors
- New kitchen (expansion)
- Demolish adjacent kitchen bedroom and convert to dining room for better flow
- Conversion of previous large dining room to family den
- Upgrade existing 3 bathrooms
- Remodel existing basement bedroom and addition of 1 bedroom