House 4

We co-invested in this 1-family luxury house in South Newton, MA.

Project economics:

Purchase price – $835,000

($335,000 – equity and $500,000 – bank loan)

 

Total rehab cost – $920,000

($400,000 – equity and $520,000 – bank loan)

 

Sale price – $2,265,000 Return on equity – 18%