Total expense = roughly $ 16,000 Profit - $ 5,550  X 12 = $68,000ROI = Roughly 9-11 % A lot of fat to trim here . on top of that , a refinance in 18-36 months down the line Thoughts , ideas ?

Check the siding, windows, doors and trim for signs of structural issues.

Needs electrical, plumbing, walls, paint, appliances, trim.

I undertook a pretty thorough cosmetic rehab of the property, which included new floors on the main level; fresh paint on all walls, trim, windows, and doors; new countertop and sink in kitchen; new stainless steel appliances; new tub and surround and painted/updated bathroom; and epoxy paint to floor of basement.

The company that did the paint, trim work, and carpet repair was XX. 

Trim 25%Installation of lights/fixturesIn Chicago you can find licensed electricians owner operators working at 55 hour.

Needs new elec, plumbing, HVAC, siding, windows, insulation/Sheetrock/Trim, Kitchen/Bathroom remodel.

New roof, new flooring throughout, removed popcorn ceilings, 2 new bathrooms, new kitchen, replumbed, new lighting, all new doors and trim and a ton of paint.

new kitchen, new floors, new trim and doors, scrape popcorn ceiling and paint.

We painted the whole house, trimmed a ton of tree off the house, Power washed whole house, replaced all fixtures and tuned up AC.