|
|
| Year Built | 1963 |
| Sq. Feet | 2,150 |
| Bed | 4 |
| Bath | 2 |
| ARV | $119,000 |
| Total Repair | 45,000 |
| Purchase Price | $29,000 |
| Holding Cost/Montly (3mths) | $1,507.50 |
| Buying Cost | $1,644 |
| Selling Cost | $5,263 |
| Financing Cost | $0 |
| Estimated Net Profit | $35,078 |
| ROI | 41.80% |
** My question is the cost to Repair. This property has significant fire damage. Even though there is fire damage does this mean the entire house has to be demolished. If we do have to do a complete tear down what can I expect my repair cost total and will this make the deal not worth doing
