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Springfield Real Estate Forum

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Christian Serrano
  • Flipper/Rehabber
  • Chicopee, MA
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8
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I have a house under contract

Christian Serrano
  • Flipper/Rehabber
  • Chicopee, MA
Posted May 2 2019, 08:49

The property is located in Springfield mass  Indian orchard 

Projected Numbers

Purchase Price: $75,000

Closing Costs on Purchase: Approx. $1,500

Rehab Budget: $40,000

Holding Costs: Approx. $2,500

Total Project Cost: $119,000

ARV (After-Repair Value): $165,000

Total Equity: $46,000

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