Luxury SFH
604 Minaka Dr Waukesha 53188
Active Investment
$120,000
Property Description
Investor Opportunity: High-Potential Renovation Project
This spacious single-family home offers nearly 2,000 sq ft above grade — not including the large unfinished basement, which presents immediate value-add potential. One of the standout features is the soaring 16-ft ceilings in the family room, adding volume and a luxury feel that today’s buyers love.
The current layout is functional and well-designed, featuring 3 bedrooms and 2.5 bathrooms, with generously sized rooms, a large laundry area, and an oversized garage. Structurally, the house is in great shape — what it needs is a modern cosmetic overhaul to bring it up to today’s standards and unlock top market value.
The renovation plan includes:
Adding a new bedroom and full bathroom in the basement with E-grass and great design
Upgrading the entire interior: new kitchen, bathrooms, flooring, trim, paint, and doors
Creating an outdoor lifestyle space with a new patio and built-in fire pit
With strong bones and great flow, this home is a prime candidate for a stylish rebrand that appeals to today’s buyer. The upgraded version of this home will command top-dollar resale in a desirable market.
Property Details
Property Type
Single Family
Bedrooms
4
Bathrooms
4
Year Built
1990
Size
Floors
2,813 sqft
2
Business Plan
Purchase Price
Overhead Exp
Closing Costs
$386,000
$15,717
$10,304
Management Fee
Estimate Rehab
Unexpected
$0
$95,000
$9,500
Project time
5
months
Project total cost (All in)
$516,521
Investor Profit share
Investment
$120,000
Fixed rate (Yearly)
12%
+
From profit
0%
Title | Optimistic | Realistic | Pessimistic |
|---|---|---|---|
Selling Price | $624,000 | $609,000 | $594,000 |
Closing Costs 6.5% | $40,560 | $39,585 | $38,610 |
Project Profit (before Tax) | $43,702 | $29,677 | $15,652 |
Private Investor Share | $0 | $0 | $0 |
Net Total Private investor profit | $6,000 | $6,000 | $6,000 |
Contact us
11220 W. Burleigh Street Suite 100
Wauwatosa, WI, 53222
+1 (240) 370-4580














