- Single family frame bungalow, 4 bedroom / 3.5 bathroom
- Acquisition $150,000, budgeted rehab $215,000, sales price $520,000
- Investment required: $325,000
- Investor net ROI of 8%, loan period of 180 days
- Major work:
- Add new 2nd floor with 3bd/2ba to existing Chicago brick bungalow
- Replace all windows/doors/floors
- Finish basement with additional 1 bedroom and 1 bathroom
- Remodel kitchen and bathrooms