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RICKERT PROJECT 25% ROI

Acquisition Costs: $69,986

Rehab Costs: $38,244

Total Investment: $108,230

After Rehab Value: $144,000

Closing Costs & Commission: $8,702

Total Project Profit: $27,068

Total Project ROI: 25%

Total renovation completed in 3 weeks. Renovation in the kitchen included new tile and granite counter tops and all new black appliances. Flooring included new carpet, hard wood floors and tile. Exterior features included new windows, doors, landscaping, and a sprinkler system. Other property features included a new furnace, AC unit, water heater, updated electrical and plumbing, lighting fixtures, jetted master bath tub, doors and paint.