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
Interested in this deal?
Call Brandt Barham at 469-531-4131.