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Updated almost 10 years ago on . Most recent reply

User Stats

76
Posts
34
Votes
Joe Stafford
  • Flipper/Rehabber
  • Fort Lauderdale, FL
34
Votes |
76
Posts

Completed my second rehab! (before and After and Details)

Joe Stafford
  • Flipper/Rehabber
  • Fort Lauderdale, FL
Posted

Hey everyone! I have not been on here for a while due to this HUGE project! It is finally completed! This one took a little longer than expected due to some surprises but all in all it was a great rehab. Now to get it sold and on to the next one! The house is 2400 SqFt 3 bedroom 2 bath home.

First the numbers......

Purchase Price - $130,000

Renovations Total - $59,076.43 ($64,597 was my budget)

Closing Cost (purchase) - $787

Closing Costs Sale (Estimate) - $2500

Holding Cost - $2280

Realtor Fee's - $9,000

Estimated Sales price - $300,000

Estimated Net Profit - $96,356.57

Now the pics!

Exterior

Living Area

Kitchen

Wall Removed

Family Room/Kitchen

Patio

Master Bath

Master Bedroom

Master Closet

Bath 1

Bed1

Bed 2

Laundry Room

  • Joe Stafford
  • Most Popular Reply

    User Stats

    76
    Posts
    34
    Votes
    Joe Stafford
    • Flipper/Rehabber
    • Fort Lauderdale, FL
    34
    Votes |
    76
    Posts
    Joe Stafford
    • Flipper/Rehabber
    • Fort Lauderdale, FL
    Replied
    Originally posted by @Steve K:
    Nice job. What's the story on the acquisition? Direct mail, wholesaler, auction, etc? I'm guessing it wasn't an MLS deal in South Florida.

    Probate

  • Joe Stafford
  • Loading replies...