Chris Sayers Mortgages

➡️ Renovations completed for unit # 3. All the units have almost identical materials used with only slight sizing differences. We do this across all our units for ease of keeping track of inventory and maintenance when things break.

❇️ Rents from this unit went from $ 735 a month to a current market rate of $1500 a month + hydro. $1500- $735 * 12 divided by a 6 cap = an increase of value around $153,000 of forced appreciation from this one single unit. Do this across multiple units and the results can be dramatic if done correctly.

❇️Electrical upgraded to breakers with added circuits, 2 added GFI’s , and added outlets to bring us up to code.

❇️New plumbing including changing old gate valves to new ball valves. Added dishwasher

❇️New flooring , kitchen , trim , hardware , fixtures , bathtub surround and appliances.

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