Spacious Ranch in Prime Location
W226N8041 Longview Drive, Lisbon, WI, 53089
Active Investment
$150,000
Property Description
Great Flip Investment opportunity, our contractor company will make full interior and
exterior rehab for this property which includes – Updating 5 Spacious rooms in the
upper floors and 2.5 Bathrooms. The space in the basement will be finished (Flooring,
lighting, painting, and we will create a wine cellar space + office space). In the exterior
we plan to build a porch that will create additional space for outside gathering. Plan to
bring a designer to choose house interior colors and open concept kitchen design.
Property Details
Property Type
Single Family
Bedrooms
4
Bathrooms
1.5
Year Built
1936
Size
Floors
2,900 sqft
1
Business Plan
Purchase Price
Overhead Exp
Closing Costs
$372,000
$11,505
$10,552
Management Fee
Estimate Rehab
Unexpected
$0
$130,000
$136,500
Project time
5
months
Project total cost (All in)
$522,005
Investor Profit share
Investment
$150,000
Fixed rate (Yearly)
13%
+
From profit
0%
Title | Optimistic | Realistic | Pessimistic |
---|---|---|---|
Selling Price | $654,000 | $639,000 | $624,000 |
Closing Costs 8.0% | $52,320 | $51,120 | $49,920 |
Project Profit (before Tax) | $79,675 | $65,875 | $52,075 |
Net Total Private investor profit | $8,125 | $8,125 | $8,125 |
Contact us
11220 W. Burleigh Street Suite 100
Wauwatosa, WI, 53222
+1 (240) 370-4580