Deal Analysis

A recent project in Louisville caught my attention, with a purchase price of $120,000. The rehab scope included $30,000 in repairs, with holding costs of $8,000. After renovation, the after-repair value (ARV) was $180,000. Projected net profit is $22,000. I've seen similar deals in the area, but it's crucial to consider local market trends and conduct thorough property analysis to ensure success.