Another new build in Charleston SC sold in one week see link

[Jay Hinrichs]

http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=1alvy1yrs8ot&s=18&id=1&san=10895&cid=1

62 Poplar..

deal points..

Bought lot 1 year ago.. if memory serves  125k ish all cash

1500 sq ft.. custom  see picks

200k to build

30k 5 % total commish 

5k closing costs 

45k  Capital partner

all in  385k   Say 500k

Net 155k or so .. Almost 30% gross profit  that's about as good as it gets for us.. can't do anywhere near that well in Oregon.. 15 to 20% is norm in ORegon.. but we do 30 a year.