Price:
$340,000
Acquisition costs:
$80,000
Renovation Cost:
$65,000
ARV (after renovation value):
$520,000 (Conservative)
Amount needed for refinancing
$500,000
Sale Price:
$530,00
Amount owing on existing mortgage:
$272,000
Commission (4%)
$21,200
Private mortgage loan fee:
$4,000
Renovation cost payback
$65,000
Total Expenses
$442,200
Profit:
$530,000 - $442,00 = $87,800
R.O.I.:
$110%
Time frame:
5 months (from acquision closing to sale closing)
Cash on hand at final closing sale:
$167,800

15 Sheldon Ave. (Chatham)

*hover to view before photos
*click to view before photos
Price:
$188,000
Acquisition costs:
$42,000 (includes land transfer, brokerage fees etc.)
Renovation Cost:
$65,000
ARV (after renovation value):
$320,000 (Conservative)
Amount needed for refinancing
Sale Price:
$350,000
Amount owing on existing mortgage:
$150,000
Commission (4%)
$14,000 (4%)
Private mortgage loan fee:
$4,000
Renovation cost payback
$65,000
Total Expenses
$275,000
Profit:
$320,000 - 275,000 = $45,000
R.O.I.:
93%
Time frame:
7 months (from acquisition closing to sale closing)
Cash on hand at final closing sale:
$87,000

128 Gray St. (Chatham)

*post renovation photos coming soon
*post renovation photos coming soon
Price:
$210,000
Acquisition costs:
$57,000
Renovation Cost:
$85,000
ARV (after renovation value):
$450,000 (Conservative)
Amount needed for refinancing
$325,000
Sale Price:
$450,000
Amount owing on existing mortgage:
$163,000
Commission (4%)
$18,000 (4%)
Private mortgage loan fee:
$4,000
Renovation cost payback
$85,000
Total Expenses
$327,000
Profit:
$450,000 - $327,000 = $123,000
R.O.I.:
107%
Time frame:
7 months (from acquisition closing to sale closing)
Cash on hand at final closing sale:
$180,000

87 Regent (Blenheim)

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30 Park Street St. Chatham (COMING SOON)

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