Global Village Properties LLC                                         Bob Malecki: 360.850.1250
Project: 22160 Apollo Dr NE, Poulsbo, WA 98370                         Project Summary
Bedrooms 4
Bathrooms 1.75
Sq Footage 1,200
Lot Size 0.17 acres
Year Built 1978
Sale Type -
Purchase Price $94,500
Estimated After Repair Value $170,000

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: $94,500.00
Purchase Closing Costs: $1,400.00
Total Acquisiton Costs: $95,900.00
Holding Costs: $11,401.00
Renovation Costs: $32,776.00
Subtotal: $44,177.00
Total Expenses: $140,077.00
Sales Price: $178,000.00
Sales/Closing Costs: -$14,920.00
Less Total Expenses: -$140,077.00
Net Profit: $23,003.00
PROJECT DETAILS:
Purchase Date February 5, 2013
Renovation Complete April 5, 2013
Closing Date October 1, 2013
Total Project Time 210 days