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Investment Options


240692
Property Type:Single Family Home
Beds:3
Baths:1
Lot Size SqFt:87,556
Age:58
Zoning Code:R1
Max Stories Allowed:2.50
Max Living Area Allowed:5,000
Area Available For Additions:5,000

Purchase Price:
Asking Price:
$489,900
Cash Out-of-Pocket:
$201,971
Potential ROI due to Market Value Gain:
23%
Total Cost/Expenses:
$1,769,396
New Market Value Estimate:
$1,913,600
Set Default Potential Project Values
1st Loan (Mortgage):
$367,425
2d Loan (Construction):
$1,250,000
Market price per sqft:
$368
Commissions to Realtor:
$95,680

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