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Updated about 10 years ago on . Most recent reply
5% Return on investment????
Is a 5% return on investment a good deal?
Property
Purchase 91,500
Rehab 20,000
ARV 140,000
The arv is in the median range for this area so I priced the offer at an ARV of aprox 130,00
The home sold in 2006 for 150,00 could possibly sale for that again with the right upgrades.