This is an upcoming renovation project in the Panama City, FL area. It will consist of roughly $40,000 in renovation cost. Please review the compartive market analysis report and photos. It’s about 5 miles from Tyndall Air Force Base, FL. Feel free to ask any questions you may have!
Purchase Price is $125,000
Project Investment Return: 10% annum
Renovations: ~$45,000
After Repair Value (ARV): $235,000
Average days on market for this neighborhood is 75 days
Estimated hold time is 4 months – 6 months