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Great Investment Property | Cost Breakdown

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Its Mandy

This house has been a great investment property. It's in a good location and the expenses associated with this house have been significantly less than some of our other properties. Property taxes are low and it's on the city sewer so we don't have the added maintance and cost of a septic tank.

4:33 Tour of Property
12:47 Cost Breakdown

Purchase Price $36,00

Recent Remodel $22,116
Utilities $1,035
Insurance $470
Tax $266
Plumbing $690
Jetting $225
Electric $2,100
Labor $8,415
Flooring $2,116
Countertops $916
Appliances $1,803
Pressure wash $200
Dumpster $283
Trim $500
Vanity $729
Materials ~$2,000

I didn't mention it in the video, but I also did a lot of work myself. I did most of the demoing, all the painting, all the cleaning, installed the vanity, installed the vent hood, etc. So I was able to save quite a bit in labor doing those things myself.

posted by Animelli74