Investment Options


244494
Property Type:Single Family Home
Beds:3
Baths:1
Lot Size SqFt:6,251
Stories:1
Age:103
Zoning Code:R2
Max Stories Allowed:2.50
Max Living Area Allowed:3,438
Area Available For Additions:3,438

Purchase Price:
Asking Price:
$650,000
Cash Out-of-Pocket:
$229,880
Potential ROI due to Market Value Gain:
143%
Total Cost/Expenses:
$1,542,494
New Market Value Estimate:
$2,945,559
Set Default Potential Project Values
1st Loan (Mortgage):
$487,500
2d Loan (Construction):
$859,493
Market price per sqft:
$793
Commissions to Realtor:
$147,278

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