Investment Options


242754
Property Type:Single Family Home
Beds:4
Baths:2
Lot Size SqFt:7,400
Age:77
Zoning Code:R1
Max Stories Allowed:2.50
Max Living Area Allowed:3,330
Area Available For Additions:3,330

Purchase Price:
Asking Price:
$499,500
Cash Out-of-Pocket:
$185,359
Potential ROI due to Market Value Gain:
-30%
Total Cost/Expenses:
$1,359,184
New Market Value Estimate:
$1,374,944
Set Default Potential Project Values
1st Loan (Mortgage):
$374,625
2d Loan (Construction):
$832,500
Market price per sqft:
$387
Commissions to Realtor:
$68,747

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