The numbers behind the deal:
- We bought the house on July 2020 for $395,000
- Renovation cost -$120,000
- Sold the house on Oct 2021 for $675,000
- Closing costs - $40,500
- Gross profit - $119,500
- Gross cash/cash = 23/2% in 15 months (18.5%/annum)
Stunning Renovated House in Vestavia Hills
This 4 bedroom & 4.5 bathroom home just completed a full renovation. Exterior & Interior paints throughout. Refinished hardwoods on the main level, new light fixtures, new bathrooms, new kitchen, new flooring, bonus space & bedroom added plus so much more. Large & bright living room features wood buring fireplace & opens to dining area. Updated kitchen features large island, 6 burner gas stove, quartz countertops & backsplash, & laundry room. Main level includes primary bedroom w/en-suite that features double vanity, tiled shower, & large closet. Second bedroom & hall bathroom also on main. Upstairs features a 2nd den/playroom, 3rd bedroom & full bathroom w/shower. Downstairs has another den, 4th bedroom, full bathroom & access to paito & backyard. Off the kitchen features a large deck that over looks the backyard & is perfect for grilling. Privacy fence & shrubbary has been planted to create additonal privacy. Conveniently located behind the Shops of Vestvia Hills off HWY 31!
Before
