Absolutely stunning renovations was done to this property in Brooklyn, NY. Upgrades to the basement, kitchen, and living areas have provided over $400,000 in profit for the investor.
Purchase Price
$705,000
Base Loan Amount
$564,000
Construction Costs
$112,600
Total Loan Amount
$564,000
After Repair Value
$1,055,000
Profit
$491,000
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