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SFH in Madison
828 Jenifer Street, Madison, WI, 53703
Active Investment
$150,000
Property Description
Complete renovation of this property in historic area of Madison, new Plumbing, New Roof, New electrical, simply NEW DESIGN for an historic house
boasts hardwood floors throughout, a brand-new central A/C system, and a cozy mini kitchenette in the basement —
IN about 6 months from now
Property Details
Property Type
Single Family
Bedrooms
3
Bathrooms
2
Year Built
1909
Size
Floors
1765 sqft
2
Business Plan
Purchase Price
Overhead Exp
Closing Costs
$279,000
$18,800
$9,545
Management Fee
Estimate Rehab
Unexpected
$0
$220,000
$11,000
Project time
6
months
Project total cost (All in)
$538,345
Investor Profit share
Investment
$150,000
Fixed rate (Yearly)
8%
+
From profit
15%
Title | Optimistic | Realistic | Pessimistic |
|---|---|---|---|
Selling Price | $740,000 | $715,000 | $690,000 |
Closing Costs 7.5% | $55,500 | $53,625 | $51,750 |
Project Profit (before Tax) | $121,013 | $97,888 | $74,763 |
Private Investor Share | $18,152 | $14,683 | $11,214 |
Net Total Private investor profit | $21,974 | $18,921 | $16,093 |
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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