Project: 8682 Chinook Ct NE, 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 $132,902
Estimated After Repair Value $0

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: $132,902
Purchase Closing Costs: $761.77
Total Acquisiton Costs: $133,663.77
Holding Costs: $5,960
Renovation Costs: $40,209
Subtotal: $46,169
Total Expenses: $179,832.77
Sales Price: $245,000
Sales/Closing Costs: -$29,281
Less Total Expenses: -$179,832.77
Net Profit: $35,886.23
PROJECT DETAILS:
Purchase Date March 12, 2012
Renovation Complete April 28, 2012
Closing Date June 14, 2012
Total Project Time 90 days