This was a strong property underneath the piles of junk that had accumulated inside. Our team filled more than two 40-yard dumpsters before even getting started on demo work. The property received a full make-over to the front porch, along with all new flooring throughout and new cabinets with granite countertops. Its great features and prime location outside of Nashville help this home go well over asking and receive multiple offers before ever hitting the market.
Purchase Price: $170,000
Date: 04/01/2021
Rehab Costs: $116,500
Sale Price: $451,000
Date: 04/04/2022
Total Invested: $295,000
Total Spread: $156,000
Funding Type: Partnership
Investment Period: 1 year
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Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties. Neither ANKR Ventures nor any of its affiliates provide tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Offers to sell, or solicitations of offers to buy, any security can only be made through official offering documents that contain important information about investment objectives, risks, fees and expenses. Prospective investors should consult with a tax or legal adviser before making any investment decision.
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