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Rafael Floresta
  • Investor
  • Philadelphia, PA
111
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348
Posts

My first rehab - rental property

Rafael Floresta
  • Investor
  • Philadelphia, PA
Posted Aug 11 2014, 20:57

More photos and more info at:

https://medium.com/@rafamvc/before-and-after-of-12...

Total investment : 85000

Purchase price: 24700
Wholesale fee: 12300
Roof, siding, cement pointing, soffits and gutters: 13050
Drywall attic and middle bedroom ceiling, tiles & trims, back door: 8800
Interior Painting: 2900
Plumbing: 1600
Electric: 3000
Appliances: 2100
Refinishing hardwood floors: 2700
Attic spray foam insulation: 2100
Insurance: 750
New boiler (oil to gas conversion): 5200
Random miscellaneous expenses: 5800

Rented for 1300/mo.
Taxes 1800/year.

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