Emerson is a 3 bedroom, 1 bath single family residence with 1050sf. We are going to rehab it so we can Rent-To-Own (Lease Purchase Option). I estimate rehab time to be 3 weeks from start to finish. Estimated start time is April 30th. Here is our scope of work & my estimate for the rehab at 410 W Emerson Ave:
Basic Rehab
- Landscape:............................................................$1500
- Paint: Exterior & Interior......................................$3738
- New gutters............................................................$250
- New roof.................................................................$5175
- Repair fence south & east side of property............$500
- Repair holes in wall................................................$500
- New flooring...........................................................$3450
- New cabinetry.........................................................$350
- New countertop......................................................$750
- Repair wall heater..................................................$250
- Replace doors: kitchen, garage & entry door........$375
- Replace outlets and switches.................................$750
- Replace toilets (2) & tub (2)..................................$350
- Replace vanity........................................................$350
- Replace appliances................................................$1000
- New hardware.......................................................$575
Price out
- Replace interior doors.............................................$867
- Replace windows (vinyl).........................................$1500
So my initial budget is $19,850 with $2367 for additional work. We will see how I did in a day or two. I am having a contractor give us a price to do the work. In the meantime I will be doing videos of our progress. I will be posting those soon.
See Ya,
Mike
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