New Construction - Single Family, Project #2
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Description
Single family home built for one of our clients and they decided to sell since the numbers looked too good to pass up. Approximately 3400 sqft, 4 bedrooms, 4.1 bathrooms, 2 car garage, with a pool, on a 65 x 135 lot.
The Numbers (Projections)
- ROI - 55.11%
- IRR - 55.11%
- Net Profit - $219,900
- Sale Price - $1,700,000
- Land Price - $630,000
- Development Cost - $700,000
- Soft Cost - $53,200
- Selling Cost - $96,900
- Total Cash Invested - $399,000
- Time (months) - 12
Interested in this deal?
Call Brandt Barham at 469-531-4131.