Real Construction Budget Estimate

The numbers listed below are actual repair costs for a standard bank owned single family home. My partners and I have rehabbed over 50 homes together and we have never been able to achieve the cheap rehab costs as shown on Flip This House and other quick flip home shows. I do know that our costs are in line or less expensive than what other investors pay in our area.

Duration of Rehab = 25 days

Rented within 1.5 months

Cash Flow is $220 / per month with no money out of pocket

Real Rehab Repair Budget – 1,100 sq feet, 3bd, 1bath house

DRAW 1

Demo Garage
Demo garage & dispose debris
$2,500

Roof
Overall good condition, some repairs needed
$500

Gutters
New gutters
$1,000

Soffit & facia repairs
Repairs
$500

Foundation/concrete
Outside,side walkway,

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