6418 KILMER ST

CHEVERLY, MD 20785

This property was acquired from the MLS. Because of structural challenges to do the top floor addition, this project time line was extended beyond the initial scope. The house was also located next to a high traffic drug house which also presented several challenges. After a few price reductions we were still able to sell the house fairly quickly and still make a nice return on investment.

DEAL SUMMARY

PROJECT SUMMARY

BEFORE:

Purchase Price:

Closing Cost:

Points to Lender:

Repair Costs:

Loan Amount:

Total Mortgage Interest Paid:

Sale Price:

Project Term:

Total ROI to Investor:

Loan to Value (Risk):

$150,000

$11,524

$10,800

$90,000

$240,000

$43,500

$349,000

15 Months

22.6%

69%

AFTER:

CONTACT US

(301) 795-4272

8855 Annapolis Rd, Suite 201

Lanham, MD 20706

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