Investment Property Details

14625 Livingston Road


The Livingston property is located in the beautiful city of Accokeek, Maryland, southeast of Washington DC. This property was purchased with a complete renovation in mind. We plan to add a full bathroom and carport to the house, as well as clear out the yard of trees and create more useable outdoor space.

Tentative rehab schedule:
Week 1 - Demolition and structural repairs
Week 2 - Rough-in plumbing, electrical and mechanical work
Week 3 & 4 - Roofing, framing, drywall and plaster, electrical system heavy-up, finish rough-in
Week 5 - Paint, flooring and tiling preparation
Week 6 - Paint, flooring and tiling work
Week 7 & 8 - Kitchen cabinets, appliances and countertop installation
Week 9 & 10 - Powerwash exterior, siding and porch repairs
Week 11 & 12 - Build deck and carport
Week 13 - Final touch up and curb appeal
Week 14 - Staging and list property for sale


Update - 5/14/22


Summary of what has been done since last update:
Demo is almost complete. Soon to start structural repairs.


Update - 5/8/22


Summary of what has been done since last update:
We completed tree removal in the yard. Will start demo next week.


Financials


Purchase price: $130,000
Renovation cost: $140,000 (estimate)
Sale price: n/a
Project timeframe: 6 months (estimate)
Total profit: n/a
Percentage profit: n/a
Option A ROI: n/a
Option B ROI: n/a


Summary


We will provide a detailed summary after completion of the project.