Kitchen, bath, paint, carpet.

New items: Roof, Funrace, AC unit, Paint, Floors, Carpet.

Purchased this property on 9/21/21 and had the entire interior painted, granite counter tops in the kitchen, laundry room and bathrooms, resurfaced the hardwood floors that were being hidden under the carpet.

The best way to make the numbers work is to limit the work to cleaning, paint and carpet and avoid expensive projects like roof, windows, replacing plumbing and electrical systems, driveway etc - as these take huge amounts of capital, but will typically not drive up the ARV by much.

Purchase price: $122,000 Cash invested: $7,000 Sale price: $196,500 Reno'd both bathrooms, all interior floor tile, carpet in bedrooms, reno'd kitchen and exterior paint.

The property could use some upgrades (kitchen, appliances, carpet).

Is the unit carpeted? 

The big item is the carpet. 

Painted all interior and refinished the nice hard wood floors we discovered under the carpet.

remove carpet and update floor.