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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

Submit  Your Details And We Will Get Back To You

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