M-Streets Rebuild

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Description

M-streets craftsman that started out at 1350 sqft.  We added 1800 sqft and gutted the existing square footage. The investor working on this project had a very good eye for design and executed beautifully.  The finish project was beautiful and was under contract prior to completion.

The Numbers

  • ROI - 49.93%
  • IRR - 46.09%
  • Net Profit - $73,020
  • Sale Price - $765,000
  • Purchase Price - $325,000
  • Rehab Cost - $260,000
  • Soft Cost - $63,375
  • Selling Cost - $43,605
  • Total Cash Invested - $146,250
  • Time (months) - 13
 

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