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Barclay
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Total Investment Out Of Pocket: |
$9,475 |
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Home Price |
$195,900 |
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Lot Price (estimated) |
$50,000 |
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Closing Costs/Fees |
$7,377 |
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Construction Interest Reserve |
$14,811 |
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Total Estimated Project Costs |
$258,613 |
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Preconstruction Appraised Value: |
$287,348 |
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Appraised Value Equity Potential at Initial Closing |
$28,735 |
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Potential Gross Profit after 2 year (1 year after construction) |
$26,508 |
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Ultra Conservative Projected Rate of Appreciation 6% |
$31,965 |
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Conservative Projected Rate of Appreciation 8% |
$43,033 |
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Modest Projected Rate of Appreciation 11% |
$60,024 |
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| Location: |
Lehigh, FL |
| Price: |
$195,900 |
| Sq. Footage: |
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| Living Area: |
1,049 Sq Ft |
| Type: |
Duplex |
| Layout: |
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(click floorplan to enlarge)
- Masonry construction
- Steel reinforced concrete footers
- Visqueen vapor barrier under slabs
- All permits and impact fees
- Engineered roof truss system
- Fungus resistant, three-tab fiberglass shingles (20 year)
- Continuous exhaust ridge vent
- One year soil treatment for subterranean termites
- One survey
- PEX or CPVC water line
- Elongated bowl toilets
- “Moen” or equivalent washer-less faucets (chrome color)
- Tub/shower surround for bathrooms (no wall tile)
- Double, stainless steel, kitchen sink with sprayer
- Double-element quick-recovery 40 gallon water heater (each side)
- Ice-maker supply lines
- Four exterior hose bibs (two for each unit)
- Bathroom fixtures (tub surrounds, toilets and sinks)
- 150-amp back-to-back electrical service (Standard Overhead Power)
- Standard toggle switches throughout in white
- Pre-wire for two TV outlets (each unit)
- Pre-wire for two telephone outlets (each unit)
- Pre-wire for one ceiling fan in each bedroom, in kitchen,and living room
- Two exterior weatherproof electrical outlets (each unit)
- Smoke detectors in each bedroom
- Standard Light fixtures (each unit)
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Duplex Construction Base Price |
$195,900 |
Lot (Estimated) |
$50,000 |
Site Work (Fill, Clear, Grade) |
$12,500 |
Dual Septic Systems |
$6,000 |
Estimated Closing Costs |
$7,000 |
Interest Allowance During Construction |
$12,000 |
Total |
$283,400 |
- High efficiency central air and heat (10 Seer minimum rating)
- Air-conditioned walk-in closets
- R-19 insulation in ceiling
- R-11 insulation in frame partition walls
- R-4.1 Fi-Foil on exterior masonry walls
- Flex Bon paint
- All walls and ceilings to have (1) color throughout (wall paint is flat finish)
- All interior and exterior wood trim is painted semi-gloss
- 3 ½” colonial baseboard throughout painted
- All interior door casing is 2 ¼” F.J. painted
- Interior door hardware is “Kwikset” standard antique brass finish
- Genuine marble window sills
- Skip-trowel textured finish on interior walls
- Vinyl-coated, ventilated shelving in closets
- Painted Flush masonite interior doors
- Flush masonite bi-fold closet doors
- Decorative masonry finish on exterior walls
- Aluminum frame, single hung, windows throughout with tinted glass
- Raised panel, insulated, steel front door
- Raised panel, steel, garage door, with window
- “Kwikset”, antique brass, door knobs and entry locks
- All exterior door to receive dead bolt locks
- Contemporary style front elevation, per plan
- All soffits are perforated vinyl or aluminum
- Custom-made kitchen cabinets and bathroom vanities with formica tops
- Medicine cabinets in bathrooms
- 18-cubic foot refrigerator (two)
- Self-cleaning range, with range hood and fan (two)
- Dishwasher (two)
- Tinted glass windows
- Screens on all operating windows
- Weather-sealed
- White frame
- Tempered glass on all sliding glass doors
- Ceramic tile flooring in kitchen ($3.25 allowance/ materials and labor)
- Wall to wall carpeting in living room, bedrooms, den and hallways ($10 per sq yd installed allowance)
- Interior studs at 16" on center maximum
- Plate glass mirrors over vanities
- Washer hook- up
- Electrical dryer venting
- Fully finished garage
- Garage floor to have smooth finish
- 1,000 square feet of standard brush finished concrete driveways
- 8,000 square feet of Bahia sod
- One septic system with one lift station for both sides.
- Two 4” wells with one submersible pump each well
- Two aerators with two pumps and two water softeners (one for each side of duplex)
- Two concrete culvert pipes (one under each drive)
- Two-hour rated firewall between the two units
- Standard sprinkler system
- Landscaping per Lee County Code
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