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ROI$ 365,000 Total Investment $ 25,000 Minimum Investment
This Colonial property located in a corner of Jackson Ave & near Carteret Ave features Living room, dining room, kitchen, 1 bedroom and a bathroom on the first floor, 2 bedrooms and a full bathroom on the second floor, full basements with inside and outside entrance laundry facilities and plenty of storage new furnace and central AC, backyard is fence in ready to enjoy the summer.
Read More Read LessIT can provide financial security. You know you can sell the home for more than you bought it if you hold it for a while. Real estate doesn’t depreciate, or usually, it doesn’t. Even though it’s a tangible asset, like a car, it appreciates rather than depreciates. Even if a home loses value, you can always count on it being worth something.
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Total | Vairt | Partner | |
---|---|---|---|
Estimate Purchase Price | $ 340,000 | $ 340,000 | |
Estimate Rehab cost | $ 25,000 | $ 25,000 | |
Estimate Total Investment | $ 365,000 | $ 365,000 | |
Estimate Sale Price | $ 430,000 | 215,000 | 215,000 |
Estimate Hold time | 2.0 Years | ||
Estimate Sale Costs | $ 30,100 | ||
Estimate Gross Profit | $ 34,900 | 17,450.00 | 17,450.00 |
Estimate Management Fee | $ 1,890 | ||
Estimate Net Profit | $ 33,010 | 16,505.00 | 16,505.00 |
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