Galewood
Purchased at Auction, flipped to FHA buyer
Purchase Price: $69k
Rehab Cost: $42k
Sale Price: $175k
Gross Profit: $64k
Interest paid to lenders: $7,850
Repayment period: 5 months
Looking to earn a better return?
Real estate is a capital intensive industry. Apex Renovations is always looking for private lenders willing to partner with us to earn a higher return on their money and facilitate the creation of beautiful homes. Below are a few of our recent projects. Please Contact Us today if you'd like to learn more about putting your money to work.
Kenilworth
Purchased through wholesaler, intended for flip. While awaiting permits, builder offered to buy as-is
Purchase Price: $150k
Rehab Cost: $0k
Sale Price: $235k
Gross Profit: $85k
Interest paid to lenders: $8,100
Repayment Period: 3 months
Holly
Purchased at Auction, rented, then flipped retail to landlord buyer
Purchase Price: $184k
Rehab Cost: $18k
Sale Price: $250k
Gross Profit: $48k
Interest paid to lenders: $17,500
Repayment Period: 12 months (rented for 9)
Are You an Active Chicagoland Landlord Looking for Great Local Contractors to Service Your Rentals?
Please visit our sister company Apex Landlord Services