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Updated over 7 years ago on . Most recent reply

David DuCharme's profile image
David DuCharme's profile image
David DuCharme
  • from Lancaster, Pennsylvania
  • Member since Sep 7, 2017
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David DuCharme's profile image
David DuCharme's profile image
David DuCharme
  • from Lancaster, Pennsylvania
  • Member since Sep 7, 2017
Connect
David DuCharme
  • Lancaster, PA
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General Real Estate Investing

Calculating appreciation based on rehab dollars put in.

David DuCharme
  • Lancaster, PA
Posted

Hi everyone!  I am interested in buying a small multi-family, doing some cosmetic work, renting 2 units and living in the 3rd.  How much will a property generally appreciate for every dollar put into the property?  I would like to spend around 15K on the rehab, if I focus on items that really drive value how much appreciation can I expect?  20K? 25K? 40K?  Any and all help would be awesome. Thanks!!

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