Global Village Properties LLC                                         Bob Malecki: 360.850.1250
Project: 2201 NE Eton Lane, Bremerton, WA 98312                   Project Summary
Bedrooms 4
Bathrooms 2.25
Sq Footage 2,430
Lot Size 0.32 acres
Year Built 1974
Sale Type -
Purchase Price $155,000
Estimated After Repair Value $270,000

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: $155,000.00
Purchase Closing Costs: $1,700.00
Total Acquisiton Costs: $156,700.00
Holding Costs: $16,463.81
Renovation Costs: $55,136.00
Subtotal: $71,599.81
Total Expenses: $228,299.81
Sales Price: $265,000.00
Sales/Closing Costs: -$14,920.00
Less Total Expenses: -$228,299.81
Net Profit: $21,780.19
PROJECT DETAILS:
Purchase Date February 13, 2013
Renovation Complete May 13, 2013
Closing Date August 15, 2013
Total Project Time 180 days