N 36th Street
THE BACK STORY
This home is has been owned by the family since 1982. Unforntunately due to health and financial issues many of the needed repairs and maintenance haven't been made in over 15 years. This home currently occupied by an elderly family member. It is the family's desire to renovate the home and utilize the profits our plan to find safe and secure housing for the elderly owner.
PROPERTY SPECS.
864 Sq/ft
2 beds
1 bath
PROJECT TYPE
Full renovation: Due to the condition of this home, a complete renovation will be required.
INVESTMENT NEED
Teal House Company: $50,000
Impact investors: $25,000
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TOTAL RENOVATION BUDGET: $75,000
POTENTIAL PROFIT
We are projecting this home to sell at or around $225,000.
Family (Homeowners): $125,000
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Teal House Company: $50,000 to recover renovation expenses
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Impact investors: $40,000