Buy fix & Sell project. The house was bought from a bank for $102000. These days the property is being renovated. During renovation we will convert bonus room into a full bedroom so property will have total 4 bedrooms.
Time: 8-9 months Investment: 138,500 $ Selling Price: 187,000 $ Profit after expenses: 33,200 $ Investor yield after initiation fee: 14% Rooms: 4,2.5 Size: 1800 sqft Built in: 1985