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ROI$ 120,000 Total Investment $ 25,000 Minimum Investment
2 bedroom with a great room and a separate dining room. So much can be done to change things out as your needs change. 2 car garage and an additional one that the owner build to house a camper. I'm not done yet, there is also a shed that is perfect for the mower. All this and a Beautiful country setting on a paved road and driveway. Just a short distance off of Rt 28. Just minutes from the Cumberland Md. line could make this an easy commute to ATK.
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 | $ 85,000 | $ 85,000 | |
Estimate Rehab cost | $ 35,000 | $ 35,000 | |
Estimate Total Investment | $ 120,000 | $ 120,000 | |
Estimate Sale Price | $ 190,000 | 95,000 | 95,000 |
Estimate Hold time | 2.0 Years | ||
Estimate Sale Costs | $ 13,300 | ||
Estimate Gross Profit | $ 56,700 | 28,350.00 | 28,350.00 |
Estimate Management Fee | $ 840 | ||
Estimate Net Profit | $ 55,860 | 27,930.00 | 27,930.00 |
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