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Background: This home suffered from decades of deferred maintenance when we purchased it.

Renovations Done: New siding, new deck, new HVAC and ductwork, connect to city sewer, extensive landscaping, two-bathroom redos, replace all windows and doors, reconfigure & upgrade the kitchen, refinish & repair hardwood floors, drywall most of the house, new electrical service & wiring, plumbing work, deep clean the interior, paint the entire interior.

Project Financial Highlights:

• The renovation budget was 105% of the purchase price
• Our annual Cash on Cash return after all renovations is 12% (before tax benefits)
• Since project completion, our equity has appreciated 58%