Project: 13880 Crestview Silverdale WA 98383                       Project Summary
Bedrooms 3
Bathrooms 2.25
Sq Footage 2364
Lot Size 0.2 acres
Year Built 1980
Sale Type -
Purchase Price $164,000
Estimated After Repair Value $260,000

DESCRIPTION

This property was on the market as a bank REO property. It was in descent condition needing paint, flooring and new appliances, overgrown yard and in need of a full interior and exterior makeover.

 

Purchase Price: $164,000
Purchase Closing Costs: $5754
Total Acquisiton Costs: $169,754
Holding Costs: $5657
Renovation Costs: $40,142
Subtotal: $45,799
Total Expenses: $215,554
Sales Price: $270,500
Sales/Closing Costs: -$31,475
Less Total Expenses: -$215,554
Net Profit: $23,471
PROJECT DETAILS:
Purchase Date 11/21/13
Renovation Complete 2/15/14
Closing Date 3/19/14
Total Project Time 116 Days