Portfolio ThreeSingle Family Flip
3 bed 3 bath remodel and new construction 3 bed 2 bath ADU.
Single Family House & ADU
Single family house remodel and new construction 3 bed 2 bath ADU.
BEDROOM6
BATHROOM5
SIZE2,522 Sq Ft
Units 2
ABOUT PROJECT
This single family 1,372 sq ft main home was remodeled with a new kitchen designed with quartz counter tops, new bathroom, and new floors throughout. A new construction 1,150 sq ft ADU was built in the back with 3 bedrooms, 2 baths, and kitchen. Owners can rent out the back unit for additional income.
Profits are split between the investor and company.
PURCHASE PRICE $484,959
CONSTRUCTION & HOLDING FEES$178,393
TOTAL INVESTMENT $663,352
SALE PRICE 2/2/21$865,000
CLOSING COSTS$65,260
TOTAL PROFIT$136,388
PROJECT ROI 20.6%
ANNUALIZED ROI 34.0%
