Portfolio FiveSingle Family Flip
2 bed 1 bath remodel and new construction 3 bed 2 bath ADU
Single Family Home & ADU
This single-family home was remodeled and a new construction ADU was build in the back yard. Main House is 2 Bed 1 Bath and the ADU is 3 Bed 2 Bath.
BEDROOM5
BATHROOM3
SIZE1,767 Sq Ft
Units 2
ABOUT PROJECT
This single family main home was remodeled with a new kitchen designed with quartz counter tops, new bathroom, roof, windows, driveway, and landscaping. A new construction ADU was built in the back with 3 bedrooms, 2 baths, and kitchen. This ADU can be utilized by the homeowner or rented out for additional income.
Profits are split between the investor and company.
PURCHASE PRICE $357,749
CONSTRUCTION & HOLDING FEES$154,724
TOTAL INVESTMENT $512,473
SALE PRICE 5/5/21$705,000
CLOSING COSTS$41,321
TOTAL PROFIT$151,206
PROJECT ROI 29.5%
PROJECT ANNUALIZED ROI 38.7%
