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Step 1: Watch This Video
Step 1: Watch This Video
Results
Step 2: Read Through These Breakdowns
$173,850 Profit
THE BUY
Land purchase — $85,000
Closing costs — $1,325
ENTITLEMENT & SOFT COSTS
Existing condition survey — $1,850
Re-plat (subdividing into smaller lots) — $7,815
Soil report — $1,300
Preliminary civil plans — $4,000
Topo survey — $750
Elevation certificates (flood zone) — $2,600
Civil engineering plans — $12,000
Architectural & structural plans — $16,932
Impact fees (city water & sewer) — $18,783
Sewer decommissioning — $3,000
Land clearing — $4,000
Renderings — $950
City permit fees — $17,655
Property taxes — $1,822
THE EXIT
Total all-in — ~$180,000
Sold fully entitled, permits done, ready to build — $355,000
Sales closing costs — $995
NET PROFIT — $173,850
$319,837 Profit.
LAND — $200,000
SOFT COSTS — $71,652
Closing costs — $1,871
Re-plat — $8,664
Soil report — $1,600
Architectural plans — $16,787
Impact fees — $14,362
Final city permits — $10,608
Demo old structure — $15,439
Renderings — $2,321
BANK LOAN CLOSING COSTS — $21,756
VERTICAL CONSTRUCTION — $1,144,942
Phase 1 — $151,352 (Site & Foundation)
Phase 2 — $381,232 (Structure & Exterior)
Phase 3 — $129,300 (Mechanicals)
Phase 4 — $70,092 (Drywall & Insulation)
Phase 5 — $227,028 (Interior Finishes)
Phase 6 — $185,938 (Final Touches)
THE BOTTOM LINE
Total all-in cost — $1,538,979
Total sales price — $1,940,000
Closing costs / concessions — $81,184
NET PROFIT — $319,837
$63,967 per house, average, across 5 homes
FAQ
Step 3: Watch Through These FAQ's
Step 3: Watch Through These FAQ's
What Is The ROI?
How Experienced Do I Need To Be?
How Long Will It Take To Get Our First Deal Together?
How Experienced Do I Need To Be?
How Long Will It Take To Get Our First Deal Together?
Student Success Story
$173,850 Profit
THE BUY
Land purchase — $85,000
Closing costs — $1,325
ENTITLEMENT & SOFT COSTS
Existing condition survey — $1,850
Re-plat (subdividing into smaller lots) — $7,815
Soil report — $1,300
Preliminary civil plans — $4,000
Topo survey — $750
Elevation certificates (flood zone) — $2,600
Civil engineering plans — $12,000
Architectural & structural plans — $16,932
Impact fees (city water & sewer) — $18,783
Sewer decommissioning — $3,000
Land clearing — $4,000
Renderings — $950
City permit fees — $17,655
Property taxes — $1,822
THE EXIT
Total all-in — ~$180,000
Sold fully entitled, permits done, ready to build — $355,000
Sales closing costs — $995
NET PROFIT — $173,850
$319,837 Profit.
LAND — $200,000
SOFT COSTS — $71,652
Closing costs — $1,871
Re-plat — $8,664
Soil report — $1,600
Architectural plans — $16,787
Impact fees — $14,362
Final city permits — $10,608
Demo old structure — $15,439
Renderings — $2,321
BANK LOAN CLOSING COSTS — $21,756
VERTICAL CONSTRUCTION — $1,144,942
Phase 1 — $151,352 (Site & Foundation)
Phase 2 — $381,232 (Structure & Exterior)
Phase 3 — $129,300 (Mechanicals)
Phase 4 — $70,092 (Drywall & Insulation)
Phase 5 — $227,028 (Interior Finishes)
Phase 6 — $185,938 (Final Touches)
THE BOTTOM LINE
Total all-in cost — $1,538,979
Total sales price — $1,940,000
Closing costs / concessions — $81,184
NET PROFIT — $319,837
$63,967 per house, average, across 5 homes
Results