Residential Renovation

Project 620.

A renovated home, now held as a rental at $1,900 per month. Explore the transformation and the investment behind it.

Current Investment

Project 620

Rented · $1,900/month

Residential Renovation

A considered update, from first steps to finished home.

Project 620 has completed renovation and is now rented at $1,900 per month. The update focused on improving the home's condition, function, and market appeal.

Property: Residential
Stage: Rented
Monthly rent: $1,900

Project Gallery

Before & after

Drag each slider to compare the original condition with the completed renovation.

Kitchen, forward view

Before After

Kitchen, left view

Before After

Kitchen, right view

Before After

Living room, left view

Living room before renovation, left view

Before After

Living room, right view

Living room before renovation, right view

Living room after renovation, right view

Before After

Full bathroom

Before After

Primary bedroom

Before After

Bedroom one

Before After

Bedroom two

Before After

Attic

Before After

Financial Overview

Project snapshot

Purchase price: $175,000
Cash to close incl. EMD: $46,748.81
Renovation & appliances: $81,919.52
Other expenses, net of refunds: $23,909.94
Total recorded project costs: $152,578.27
Construction loan draws received: $40,242.00
Net recorded cash outlay: $112,336.27
Monthly gross rent: $1,900
Annualized gross rent: $22,800

Costs recorded through November 4, 2026. Other expenses include interest, utilities, insurance, taxes, appraisals, fees, and related carrying costs, net of the insurance refund. Cash to close includes the earnest money deposit. Total recorded project costs combine cash to close, renovation and appliances, and other expenses; they exclude the financed portion of the purchase price. Net recorded cash outlay subtracts construction loan draws received from those costs, before rental income. Draws are funding received, not additional costs or a statement of the current loan balance. Annualized gross rent assumes 12 months at the current rent and is before financing, operating expenses, maintenance, and vacancy; it is not net income.