2bed, 1bath, 950 sqft Colombus, OH 43206
Investment and Property Details
At Strandpark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 40% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$83,000
After Repair Value:
$185,000
Investment Duration:
28 Days
Return on Investment:
70%
Rehab Cost
$38,000
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $166,000 and has made a 20% non refundable deposit towards the ARV.
Security
. 20% ($33,200) non-refundable EMD from the buyer deposited to Service Title Agency.
· Rock-solid, legally binding, notarized Joint Venture Agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Dan Flaherty
SCOPE OF WORK
| Scope of Work | Budget |
| Kitchen renovation | $6,000 |
| Bathroom renovation | $4,500 |
| Flooring throughout | $3,500 |
| Interior paint & drywall repairs | $4,000 |
| Electrical updates | $3,000 |
| Plumbing repairs | $2,500 |
| HVAC service/repairs | $2,500 |
| Windows, doors & trim | $2,000 |
| Exterior & garage repairs | $2,500 |
| Fixtures, lighting & appliances | $2,000 |
| Demolition & cleanup | $1,500 |
| Contingency | $4,000 |
| Total | $38,000 |
25-Day Renovation Schedule — 2480 Eakin Rd
Days 1–3: Demolition, debris removal & site preparation
Days 2–7: Electrical, plumbing & HVAC work
Days 5–10: Kitchen renovation
Days 7–11: Bathroom renovation
Days 9–15: Drywall repairs, interior repairs & flooring
Days 12–18: Interior painting
Days 15–20: Doors, trim, fixtures & appliances
Days 17–21: Exterior repairs & garage work
Days 21–23: Final installations, touch-ups & corrections
Days 24–25: Final inspection, punch list, deep cleaning & property turnover
CLOSING TIMELINE
Days 26–28: Closing process and transfer to the end buyer.
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