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ROI$ 1,450,000 Total Investment $ 25,000 Minimum Investment
Hotel in Colfax with free breakfast and 24-hour front desk Coffee/tea in a common area, laundry facilities, and a 24-hour front desk are available at this hotel. Free continental breakfast, free WiFi in public areas, and free self parking are also provided. Additionally, a computer station, express check-in, and express check-out are onsite. All 60 rooms offer free WiFi, coffee makers, and flat-screen TVs with cable channels. Other amenities available to guests include free weekday newspapers, free local calls, and hair dryers. Colfax Inn offers 60 air-conditioned accommodations with coffee/tea makers and complimentary weekday newspapers. Flat-screen televisions come with cable channels. Guests can surf the web using the complimentary wireless Internet access. Business-friendly amenities include phones along with free local calls (restrictions may apply). Additionally, rooms include hair dryers and irons/ironing boards. Microwaves and refrigerators can be requested.
Read More Read LessIT can provide financial security. You know you can sell the home for more than you bought it if you hold it for a while. Real estate doesn’t depreciate, or usually, it doesn’t. Even though it’s a tangible asset, like a car, it appreciates rather than depreciates. Even if a home loses value, you can always count on it being worth something.
Estimate Total Investment
Estimate Sale Price
Estimate Sale Costs
Estimate Gross Profit
Total | Vairt | Partner | |
---|---|---|---|
Estimate Purchase Price | $ 1,250,000 | $ 1,250,000 | |
Estimate Rehab cost | $ 200,000 | $ 200,000 | |
Estimate Total Investment | $ 1,450,000 | $ 1,450,000 | |
Estimate Sale Price | $ 3,100,000 | 1,550,000 | 1,550,000 |
Estimate Hold time | 2.0 Years | ||
Estimate Sale Costs | $ 217,000 | ||
Estimate Gross Profit | $ 1,433,000 | 716,500.00 | 716,500.00 |
Estimate Management Fee | $ 0 | ||
Estimate Net Profit | $ 1,433,000 | 716,500.00 | 716,500.00 |
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