This Fix and Flip project is located in a friendly Modesto neighborhood. The scope of work includes a quick clean up, replace staircase, repair garage doors, install flooring and carpet in 2nd unit.
Purchase Price $320,000
Renovation $18,000
After Repair Value $399,000
Buy In $80,000
Projected $ Return $7,500
Projected % Return 9% Cash on Cash
Projected % Return 31% Annualized
Projected Timeframe 4 months
Comparable Sales:
1932 Post Oak Dr, Modesto
3 bed / 2 bath 1530 sq ft.
Sold 03/04/2022
$424,500
1905 Yellow Oak Dr, Modesto
3 bed / 2 bath 1530 sq ft.
Sold 02/09/2022
$400,00
2401 Roble Ave, Modesto, CA
3 bed / 2 bath 1643 sq ft.
Sold 02/28/2022
$410,500