USE CASE 1
Branch Cir SE, Vienna VA | Teardown
Project Background
⦿ Purchase Date: 12/16/2022
⦿ Purchase Price: $825,000
⦿ Cost of Construction: $825,900
⦿ Purchase + Build Cost: $1,650,900
⦿ Exit Strategy: Build to Sell
⦿ Hold Cost 10%: $104,557
Timeline & Exit
⦿ Build Time: 6 months
⦿ Days on Market: 153
⦿ Sell Date: 08/01/2023
⦿ Sell Price: $2,097,785
⦿ Total Project Time: 8 months
⦿ Profit: $342,328
USE CASE 2
Trent St, Chevy Chase MD | Teardown
Project Background
⦿ Purchase Price: $925,000
⦿ Cost of Construction: $1,005,840
⦿ Purchase + Build Cost: $1,930,840
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 7-8 months
⦿ Total Project Time: 8-10 months
⦿ Sell Price: $3,333,000
⦿ Hold Cost 10%: $369,541
⦿ Profit: $1,930,840
USE CASE 3
21st St, Arlington VA | Teardown
Project Background
⦿ Purchase Price: $750,000
⦿ Cost of Construction: $840,750
⦿ Purchase + Build Cost: $1,590,750
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 7-8 months
⦿ Total Project Time: 8-10 months
⦿ Sell Price: $2,200,000
⦿ Hold Cost 10%: $296,498
⦿ Profit: $312,752
USE CASE 4
21st St, Arlington VA | Teardown
Project Background
⦿ Purchase Price: $775,000
⦿ Cost of Construction: $982,500
⦿ Purchase + Build Cost: $1,757,500
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 7-8 months
⦿ Total Project Time: 8-10 months
⦿ Sell Price: $2,361,695
⦿ Hold Cost 10%: $259,719
⦿ Profit: $334,476
USE CASE 5
Hardy Dr, McLean VA | Teardown
Project Background
⦿ Purchase Price: $1,000,000
⦿ Cost of Construction: $1,229,250
⦿ Purchase + Build Cost: $2,229,250
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 7-8 months
⦿ Total Project Time: 8-10 months
⦿ Sell Price: $3,400,000
⦿ Hold Cost 10%: $344,915
⦿ Profit: $825,835
USE CASE 6
Esprey Lane, McLean VA | Pop Top
Project Background
⦿ Purchase Price: $995,000
⦿ Cost of Construction: $1,145,850
⦿ Purchase + Build Cost: $2,140,850
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 4-6 months
⦿ Total Project Time: 6 months
⦿ Sell Price: $2,750,000
⦿ Hold Cost 10%: $193,271
⦿ Profit: $415,879
USE CASE 7
Morgan Dr., Chevy Chase MD | Pop Top
Project Background
⦿ Purchase Price: $1,060,000
⦿ Cost of Construction: $671, 850
⦿ Purchase + Build Cost: $1,731,850
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 4-6 months
⦿ Total Project Time: 6 months
⦿ Sell Price: $2,500,000
⦿ Hold Cost 10%: $119,786
⦿ Profit: $646,364
USE CASE 8
Cameron Mills Rd, Alexandria VA | Pop Top
Project Background
⦿ Purchase Price: $690,000
⦿ Cost of Construction: $643,800
⦿ Purchase + Build Cost: $1,333,800
⦿ Exit Strategy: Build to Presell
Timeline & Exit
⦿ Build Time: 4-6 months
⦿ Total Project Time: 6 months
⦿ Sell Price: $2,020,300
⦿ Hold Cost 10%: $213,408
⦿ Profit: $473,092