Property Stats
Bed: 4
Bath: 2
Square Feet: 1264
Year Built: 1948
Location: Centrally located in Prairie Village, a community within Kansas City. Quiet community, close to schools and shopping. Located in a very desirable and sought after neighborhood. Most properties that are rehabbed, include build outs to increase square footage and then sold in 1 day to 30 day averages.
Purchase Price: $275,000 (including Wholesale Fee)
Required Rehab
Increasing square footage 600 – 900 for a total square footage of 1,800 – 2,100 sq ft Build out to add a master bedroom and ensuite.
Open concept for kitchen, dining and living area.
New paint, resurface and repair existing hardwood floors and new carpet for bedrooms.
Rehab budget used was $40,000- $70,000 and detailed by General Contractor (Contract pending).
Investment Details
ARV (After Repair Value): $475,000 Projected Profit (All Cash): $ 68,000
Average days on market for homes in this area: <30 Estimated Turnaround: 3 months
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