4 beds
1 bath (BUILD-OUT to 3 Baths)
1,128 sqft (BUILD-OUT to 2000 sq/ft)
Location: Centrally located in Prairie Village, a community within Kansas City. Quiet community, close to schools and shopping. Located in a very desirable and sought after neighborhood. Most properties that are rehabbed, include build-outs to increase square footage and then sold in 1 day to 30 day averages.
Purchase Price: $165,000 (including Wholesale Fee)
Required Rehab:
Increasing square footage 650 - 850 for a total square footage of 1,800 - 2,000 sq ft build-out to add a master bedroom and en-suite.
Convert Garage back into Garage.
Open concept for kitchen, dining and living area.
New paint, resurface and repair existing hardwood floors and new carpet for bedrooms.
Rehab budget used was $75,000 and detailed by General Contractor (Bid available)
SEE LINKS FOR COMPARABLE SALES REPORT and PICTURES
Investment Details
ARV (After Repair Value): $320,000
Projected Profit (All Cash): $ 65,000+
Average days on market for homes in this area:
Complete Turnaround: 3 months |
