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ROI$ 125,000 Total Investment $ 25,000 Minimum Investment
This home sits close to the C&O canal and the Potomac River. Great location for water activities, hiking and other outdoor recreation. This home offers 3 bedrooms, 2 baths on 1.03 acres, deck and covered front porch and detached garage. Electric baseboard heat, water is a cistern and septic.
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.
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Total | Vairt | Partner | |
---|---|---|---|
Estimate Purchase Price | $ 80,000 | $ 80,000 | |
Estimate Rehab cost | $ 45,000 | $ 45,000 | |
Estimate Total Investment | $ 125,000 | $ 125,000 | |
Estimate Sale Price | $ 210,000 | 105,000 | 105,000 |
Estimate Hold time | 2.0 Years | ||
Estimate Sale Costs | $ 14,700 | ||
Estimate Gross Profit | $ 70,300 | 35,150.00 | 35,150.00 |
Estimate Management Fee | $ 1,134 | ||
Estimate Net Profit | $ 69,166 | 34,583.00 | 34,583.00 |
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