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13561 Demetrias Way
Germantown, MD 20874
Purchase Price: $100,000
Repair Cost: $35,000
Borrowed (plus interest): $140,000
Under Contract (ARV): $237,000
Gross Profit: $97,000
Realtor (6%+Bonus): $15,000
Gap Funding: $14,000
Closing Cost: $20,000
Net Profit: $48,000
Days On Market: 6
Current Project:
13561 Demetrias Way, Germantown, MD
Acquired: 1/19/18
Listing: 4/30/18
Repair cost: $36,000 / complete rehab
Kitchen
Main Renovations:
Leveled ceiling
Recessed lighting
New cabinets
New appliances
New flooring
Backslash
Pantry barn door
New switches, outlets & vent covers
Living Room
Main Renovations:
Opened Stair case
Leveled ceiling
Recessed lighting
New flooring
New front door
Inclosed water meter, security & cable boxes
New switches, outlets & vent covers
Master Bathroom
Main Renovations:
Leveled ceiling
Recessed lighting
New fan
New tile
New tub/shower & fixture
New vanity, fixture & mirror
New vanity lighting
New flooring
New main & pantry bi-fold doors
New switches, outlets & vent covers