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
 

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