Putnam Street Case Study

1300 Putnam Breakdown

• REO Purchase Price $120,000
• In Escrow at $206,700
• Rehab Cost ($35,664)
• Investor Holding Costs ($15,500)
• Selling Commissions ($10,324)
• Closing Costs ($5,162)
• Profit $19,838

Rehab Details:

We have a qualified Buyer in contract who just loooooves this house! We did a "head to toe" remodel on this place and it shows:

• Kitchen remodel,
• Redesigned the master bath and closet (walk in),
• Hall bath remodel,
• New gutters and stucco,
• New window,
• New texture and paint inside,
• Added recessed lighting,
• All new doors,
• New laminate flooring throughout,
• New tile floor in bathrooms,
• New window,
• New texture and paint inside,
• New baseboard throughout, and
• Cleaned up yard from and back, including tree and juniper removal, and re-landscaped front yard.