7100 Lead Mine Rd, Raleigh, NC 27615

Great opportunity in Raleigh, NC!.
3 beds / 2 baths
1,508 sq ft
0.97 acre

Investment and Property Details
Explore our current deals and join us in transforming properties into profitable ventures.
As-is Value:
$87,500
After Repair Value:
$720,000
Investment Duration:
35 Days (28–day renovation phase and a 7-day final closing period)
Return on Investment:
60% ROI
Rehab Cost
$130,000
End Buyer Purchase Price:
$698,000

SECURITY
IMPORTANT NOTICE: Investment Security & Exit Structure
A signed Purchase Agreement is in place with a committed End Buyer, establishing a defined exit for the project. The End Buyer has also deposited a 20% non-refundable EMD, which is being held by Tryon Title Agency in escrow.
If the End Buyer fails to close following completion of the renovation, the Joint Venture Contract Agreement requires StrandPark Properties Limited to pay the investor their full initial investment plus the agreed return on the exact payment date specified in the agreement, regardless of when the property ultimately sells.
The combination of the signed End-Buyer Agreement, non-refundable EMD held in escrow, and contractual payment obligation provides a clearly defined exit structure and contractual protection for the investor.
No Additional Capital Calls: The Operating Partner is solely responsible for any cost overruns, protecting the investor from being asked for further funds beyond the initial $130,000 commitment.
Information Rights: Weekly financial reporting requirements ensure complete transparency, allowing the investor to monitor the project’s financial health in real-time.
Lead Contractor
John Karty

REHAB COST BREAKDOWN
Renovation Budget — $130,000
• Kitchen renovation: $22,000
• 2 bathroom renovations: $16,000
• HVAC replacement: $14,000
• Roofing & exterior repairs: $12,000
• Flooring & trim: $10,000
• Interior paint & drywall: $10,000
• Electrical updates & fixtures: $8,000
• Windows, doors & hardware: $7,000
• Landscaping & curb appeal: $7,000
• Plumbing updates: $6,000
• Demolition, cleanup & hauling: $4,000
• Contingency: $14,000
TOTAL RENOVATION COST: $130,000

COMPS
| Property | Sold Price | Size | Beds/Baths |
| 8004 N Bridgewater Ct | $675,000 | 2,045 sq ft | 3 / 2 |
| 8221 Harps Mill Rd | $700,000 | 2,443 sq ft | 4 / 3 |
| 7109 Tanbark Way | $750,000 | 2,394 sq ft | 5 / 3 |
| 1101 Winterwind Pl | $790,000 | 2,766 sq ft | 4 / 3 |
| 1049 Vestavia Woods Dr | $800,000 | 3,471 sq ft | 4 / 4 |
| 609 Amelia Ave | $798,000 | 2,860 sq ft | 3 / 4 |
