- Single family split-level raised ranch
- Acquisition $51,000, budgeted rehab $47,000, sales price $145,000
- Investor net ROI 9%, loan period of 180 days
- Major work required:
- Sealing foundation cracks
- New roof and sheeting
- New vinyl siding
- New hardwood floors on the main level
- New rear porch
- Remodeled kitchen and bathrooms
- All existing room layouts maintained