Charles Butcher Rehab Deal

 

Charles Butcher Rehab Deal

CB Homes LLC in Colorado Springs, CO
Charles Butcher with Christina Butcher

This deal came as a referral from my realtor. We made several repairs and updates throughout the house including painting the entire property inside and out. We also included new flooring throughout the home as well as refinished the hardwood throughout the house. The kitchen was a total remodel which included opening up the floor, and new stainless steel appliances. We also replaced everything in all three bedrooms including removing the popcorn ceilings, new interior, and closing doors, hardware, and trim. Unique features included new Santa Barbara finished fireplace, barn door, new lighting inside and out and we knocked down some walls to open up the floor plan. The house was listed by my realtor.

Rehab Details

Property City: Colorado Springs
Property State: CO
Purchase Price: $265,000
Repair Costs $66,919
Sale Price: $425,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

The Deal Analyzer was a God sent! Going into the deal I knew my numbers including the estimated profit, and ROI. I was able to make a very accurate repair estimate, and it also allowed me to compare different lending strategies after the contractors ran late and the Colorado Springs market slowed down.




Before & After Photos