2006 Catalina Blvd. San Diego
Here is the next deal we will be closing soon.
Great rehab in Point Loma, San Diego.
This is currently a 2 bed 1 bath home being converted into a 1600 square foot 3/2 with a roof top deck to maximize the great ocean views.
We are working with a highly experience contractor we have done many deals with, Curtis Nelson of Nelco Contracting. He is actually our own personal contractor for our personal rehab projects.
Below are the basics for you to consider.
ARV: $1.175M – We have ordered the appraisal to confirm projected value.
Projected Profit: $211,313
Total funds needed: $255k
Minimum investment $30k+
Investor’s Share = 50% of profit or $105,656 in 10 months or 50% projected return.
Here is the full breakdown. I am also attaching the scope of work and a breakdown of 15 of his past projects in the last year.