Project: 1906 Cady St Bremerton, WA 98311                       Project Summary
Bedrooms 3
Bathrooms 2.25
Sq Footage 1820
Lot Size 0.268 acres
Year Built 1976
Sale Type -
Purchase Price $108,099
Estimated After Repair Value $225,000

DESCRIPTION

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

 

Purchase Price: $108,099
Purchase Closing Costs: $9757
Total Acquisiton Costs: $177,856
Holding Costs: $1,670
Renovation Costs: $68,175
Subtotal: $69,845
Total Expenses: $187,701
Sales Price: $239,500
Sales/Closing Costs: -$26,345
Less Total Expenses: -$187,701
Net Profit: $25,454
PROJECT DETAILS:
Purchase Date June 8, 2012
Renovation Complete August 1, 2012
Closing Date December 17, 2012
Total Project Time 210 Days