Case Study: 2910 W 73rd Tr, Prairie Village

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The Numbers:

Purchase for $82,000 through a local bank contact.

Sold for $227,000

  • Paid $ 5500 of buyers closing costs
  • Paid $13,620 in Real Estate Commisison
  • Paid $92,000 in Renovations Approximately
  • Paid $3,000 in Holding Costs Approximately
  • Paid $1,000 in Settlement Fees Approximately
  • Owned for 200 days
  • Profit $30,000 Approximately
  • Note exact figures are in a computer that has long since retired and we are working from memory on these numbers

This home was in need of a complete and total rehab including foundation repairs, rebuilding of walls, windows, siding, roof, concrete patio, new floors and did we mention it smelled so bad you could not spent to long in the house.  We estimated repairs at about $80,000.

We blogged this entire rehab:

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