[Calc Review] Help me analyze this deal in Fayetteville, NC

[Philipp Grajewski]

Hi all,

I would like some input on this potential deal, mainly on the numbers I used to estimate the rehab.

Keep in mind that I ran these numbers as a worst-case-scenario, so the ROI and cash flow are underwhelming. See below for my rehab analysis (I rolled that cost into the purchase price, since I will need to get a construction loan or similar for the rehab).

View report

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

Walk through video: here

The house is about 1300sqft (3 bd, 1.5 bath)

Rehab Analysis (from flipperforce.com rehab estimation spreadsheet) 

Roofing $7500

Windows $550

Countertops $980

Appliance Package $2150

Half Bathroom Remodel $1500

Interior Painting $1950

Tiling $84

Laminate Flooring $5200

AC Unit $3000

Total: ~$23,000

Thank you all. I really appreciate your input.

[David Ginn]

One of the mistake people make is, they over or under renovate and they don't get the kind of ARV that they are looking for.