Fourplex 8

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Purchase Price: $527,500
Down payment (20%): $105,400
Original Mortgage: $421,600
Renovation Cost: $273,112.85
Refinance Amount: $1,170,000
New Mortgage: $936,000
Renovation Budget: $195,942
Carrying Costs: $9,000
Closing Costs: $8515
Result: $118, 372.15

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