Fourplex 7

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Purchase Price: $660,000
Down payment (20%): $132,000
Original Mortgage: $528,000
Renovation Cost: $156,397
Refinance Amount: $1,170,000
New Mortgage: $936,000
Renovation Budget: $156,397
Carrying Costs: $8,212.98
Closing Costs: $10,000
Result: $123,787.02

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