Purchase price $85,000
Rehab cost $21,750
After Repaired Value (ARV) $125,000
We purchased this distressed 3 bed, 2 bath, 2,013 sq ft single family home using hard money in 2014 and completely remodeled (rehabbed) the property. We had $13k + closing costs in the deal. The property was put into service as a single family rental (SRF) home, and is cash flowing over $450 per month.