We just kicked off our newest renovation project, and I always enjoy sharing the numbers so everyone can follow along. 💰 Purchase Price: $115,000 Completed: 🔨 New Roof: $12,000 ❄️ New HVAC System: $5,600 Still to Complete: • Demo work • New kitchen • New flooring throughout • Fresh paint • New fixtures and lighting • New deck • New front porch Estimated Costs: 🏠 Purchase Price: $115,000 🔨 Roof & HVAC Completed: $17,600 🛠️ Renovations Remaining (including demo): ~$34,900 ⏳ Holding & Misc. Costs: ~$2,000 💵 Estimated All-In Cost: ~$169,500 Projected Exit: 📈 ARV (After Repair Value): $225,000–$230,000 At a $225,000 sale: • Less commissions (only buyer side) & closing costs (~$11,000) • Net: ~$214,000 - loan of 86,000 = 128,000 • Estimated profit: ~$44,500 Total cash investment: $84,000 Cash on Cash Return: 53% I will update as the project goes!