Investment Options


240282
Property Type:Single Family Home
Beds:2
Baths:1
Lot Size SqFt:6,720
Stories:1
Age:69
Zoning Code:R1
Max Stories Allowed:2.50
Max Living Area Allowed:3,024
Area Available For Additions:3,024

Purchase Price:
Asking Price:
$625,000
Cash Out-of-Pocket:
$217,891
Potential ROI due to Market Value Gain:
95%
Total Cost/Expenses:
$1,412,401
New Market Value Estimate:
$2,194,311
Set Default Potential Project Values
1st Loan (Mortgage):
$468,750
2d Loan (Construction):
$756,000
Market price per sqft:
$698
Commissions to Realtor:
$109,716

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