Tuesday, February 27, 2007

Day 88 - Flip Project - Cedar Grove

$ spent since last update - $10,749.50

Total $ spent - $26,570.56

Budget $20,000

Target Finish Date - 2/5/2006

Oh boy... So all the big expenses have been paid off and it ended up being close to $8K for all the materials used in the home and the labor to get those items installed. And the total ($26K+) includes 3 monthly mortgage payments (totally over $9K).

The home has been on the market 21 days now, and we seem to have a couple people interested in it. However, nothing in writing yet, so we'll continue to search for a buyer.

No comments: