2318 Home Ave, Dayton, OH 45417
Great opportunity in Dayton, OH.
This Dayton, home consists of 3 beds, 1 bath, 1,500 sqft of living space. Don’t miss out on this great opportunity!
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 70% 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:
$91,500
After Repair Value:
$180,000
Investment Duration:
30 Days
Return on Investment:
70%
Rehab Cost
$26,000
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $165,000 and has made a 15% non refundable deposit towards the ARV.
Security
Rock-solid, legally binding joint venture agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Matthew Smith
Property Details:
- Size: 3 beds, 1 bath, 1,500 sqft of living space
- Year Built: 1928
Rehab Cost Breakdown
1. Exterior ( $7,300)
- Painting: Full exterior repaint (siding, trim, porch). ($3,100)
- Porch: Paint floor, paint railings. ($2,000)
- Doors: Paint front doors, new hardware. ($1,000)
- Curb Appeal: New exterior lights, modern house numbers, basic landscaping tidy-up. ($1,200)
2. Kitchen: ($9,300)
- Cabinets: Paint existing cabinets, new modern hardware. ($2,500)
- Countertops: New laminate or tiled countertops. ($1,500)
- Backsplash: New tiled backsplash. ($800)
- Sink & Faucet: New stainless steel sink, modern faucet. ($2,000)
- Flooring: New LVP or ceramic tile. ($1,500)
- Lighting & Outlets: Replace fixture, add under-cabinet lighting, check outlets. ($1,000)
3. Bathroom: ( $4,400)
- Shower: New prefabricated shower unit, new fixtures. ($1,500)
- Toilet: New standard toilet. ($900)
- Vanity: New vanity with sink and modern faucet. ($1,000)
- Mirror & Lighting: New mirror, modern vanity light. ($600)
4. Living/Dining/Hallway ($5,000)
Lighting: Replace dated fixtures. ($1,500)
Hardwood Floors: Professional sanding and refinishing to modern stain. ($2,000)
Staircase: Remove carpet, stain wood treads, paint risers. ($1,500)
Total Rehab Cost: $26,000