Investment Options


200882
Property Type:Single Family Home
Beds:2
Baths:2
Lot Size SqFt:3,920
Stories:1
Age:88
Zoning Code:R1
Max Stories Allowed:2.50
Max Living Area Allowed:1,764
Area Available For Additions:1,764

Purchase Price:
Asking Price:
$720,000
Cash Out-of-Pocket:
$230,587
Potential ROI due to Market Value Gain:
69%
Total Cost/Expenses:
$1,193,947
New Market Value Estimate:
$1,596,194
Set Default Potential Project Values
1st Loan (Mortgage):
$540,000
2d Loan (Construction):
$441,000
Market price per sqft:
$896
Commissions to Realtor:
$79,810

The Assumptions & Disclosure:
  • Parcelion ROI estimates depend on project costs, finish materials, loan(s) terms, market conditions, and do not include sales taxes, permit fees or hazardous material removal costs. The estimates should only be used for preliminary planning and should not substitute the firm quotes from qualified team of Professionals.
  • Provided sample project description, costs and value are courtesy of http://www.remodeling.hw.net/cost-vs-value/2021/
  • Completing projects may require consulting with local city or jurisdiction authorities
  • After-project property market values are calculated based on comparable properties
  • Zoning rules and regulations are collected from local cities and jurisdictions

Location

Property Details