***Fountain Square*** Indianapolis, IN Flip W/Good Bones 4/2.5

[Millie H.]

Purchase Price: 95k (Includes assignment fee)

Rehab: $68,400 (estimated w/our contractor- buyer must do own due diligence)

Resell Cost: $8,799.99 (3% agent commission $7,599.99 + $1,200 title)

ARV: $253,333

Profit: $81,133.01 (32%)

Below is a bid we received from our contractor (buyer is responsible for their own due diligence)

§$5500 - Roof replacement including decking where needed and all neglected areas

§$9,500 - Siding tear off and replacement including all insulating and moisture barriers

§$6,200 - Window replacements for all windows with similar replacements custom fit

§$1,300 - Doors, replace all exterior doors and hardware

§$5,000 - 1st floor bath, complete removal of all existing and rough in of new and furnishings and modify

§layout

§$12,500 - Kitchen, complete removal of all existing and rough in of new and furnishings

§$400 - Electrical, remedy any current issues and replace most receptacles

§$12,500 - HVAC all new and removal of all existing

§$2,500- Demolition of majority interior finishes and disposal

§$9,500 - Finishes throughout including new, fixtures and flooring

§$3,500 - Replace retention wall in front yard and install fence in backyard

§$68,400 - Total