
BEFORE |
AFTER |
INSIDE THE NUMBERS |
|
Acquisition |
|
| Purchase price | $48,240.00 |
| Closing Cost for Purchase | $2,172.00* |
Total Cost of Purchase |
$50,412.00 |
| *Closing costs will vary slightly for each property due to various fees and pre-paid item costs. | |
Repair and Renovation |
|
| Repair/Renovation Cost | $58,265.00 |
| Shed to Office Conversion | $4,800.00 |
Total Cost of Repairs & Renovations |
$63,065.00 |
Other Fees |
|
| Consultant/Inspection/Title Update Fees | $950.00 |
Total Costs (all above) |
$114,427.00 |
| Current Value | $162,000.00 |
| Total Costs (purchase, renovation and other fees) | $114,427.00 |
Owner’s Instant Equity |
$47,573.00 |
*NOTE: The repairs and renovations for this experience are very extensive. The repairs and renovations will vary for each property based on the properties needs and the home buyers wants.