The House is Sold

Posted on May 15th, 2007 by admin.
Categories: Real Estate.

House is sold….

We closed the 1st or 2nd week in May.  Below are the approximate numbers that some of you seemed interested in.

Sales Price 125K 

Purchase Price $75K

Rehab 20K

Cost of Sales 7.5K

Closing Costs 1.5K

Profit Before Financing Costs = 21K

Profit After Financing Costs= 11K

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