Investment Options


244516
Property Type:Single Family Home
Beds:4
Baths:3
Lot Size SqFt:8,006
Stories:2
Age:37
Zoning Code:R1
Max Stories Allowed:2.50
Max Living Area Allowed:3,603
Area Available For Additions:3,603

Purchase Price:
Asking Price:
$1,587,500
Cash Out-of-Pocket:
$501,324
Potential ROI due to Market Value Gain:
80%
Total Cost/Expenses:
$2,556,633
New Market Value Estimate:
$3,836,178
Set Default Potential Project Values
1st Loan (Mortgage):
$1,190,625
2d Loan (Construction):
$900,712
Market price per sqft:
$1,008
Commissions to Realtor:
$191,809

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