Oct 21, 2006 18:05
The final financial report has been done. $9000 purchase price, plus $41,000 in renovations... $50,000. It is on the market now, and we're asking $69,900. If we get it, that'll be about $20,000 profit, roughly $10,000 each between mom and I. More likely, we'll probably get $60,000 for it, shrinking our profits to $5000 each. Still, not bad.
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