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Eric Dami
  • Rental Property Investor
  • Philadelphia, PA
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[Calc Review] Help me analyze this deal! - Philly Area

Eric Dami
  • Rental Property Investor
  • Philadelphia, PA
Posted Jan 3 2019, 05:38

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*This link comes directly from our calculators, based on information input by the member who posted.

Hey Everyone,

I have been using homewyse and some rough calculations to get a baseline understanding for rehab costs. For this example, my assumptions were a full gut remodel of a 3bed/1bath home in Philadelphia county. I assuming the exterior is ok except new roof and painting.

The prices reflect materials and labor. I would say my biggest challenge so far has been trying to understand and estimate HVAC, Plumbing, and Electrical as the prices can vary so much due to circumstances. With that being said, are my budgets for such items reasonable?

Quick Details:

Laminate flooring thats around ~$2.20 a sqft

Quartz/Granite countertops of ~150sqft

8 White shaker kitchen cabinets

New AC unit, and new heating. (Thought 9-10k is good including ductwork, etc.)

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