Mobile home renovated and sold for cash
In a mobile home park · Bought for $6,000, renovated for about $24,650, sold for $65,000 cash about 3½ months later
Where the money goes $33,275 invested
| Purchase, closing, park and moving costs | $6,000 |
| Renovation | $24,650 |
| Contingency | $0 |
| Holding costs until the sale | $2,625 |
| Total cash invested | $33,275 |
| Net sale proceeds after commission and selling costs | $65,000 |
The maximum allowable offer
The most you could pay for the home and still pass both example rules. Each rule allows a different price; with both required, the lower one wins.
| Rule | Most you could pay |
| At least $20,000 profit | $17,725 |
| At least 50% ROI | $16,058 |
The investor paid $6,000, well under the limit. These rules are examples; subscribers set their own minimum profit and ROI.
Money Pro · example
What a subscriber sees on this home: every expense logged (with receipt photos), budget vs actual, and the real profit once it sold. The totals match the deal; how the renovation splits into entries is illustrative.
| Analysis | Budget | Actual | |
|---|---|---|---|
| Buying | $6,000 | $6,000 | $6,000 |
| Holding | $2,625 | $2,625 | $2,625 |
| Renovation | $24,650 | $24,650 | $24,650 |
| When | What | Paid to / from | Amount |
|---|---|---|---|
| Month 1 | Purchase price | Seller | $6,000 |
| Month 1 | Cleaning / trash-out | Trash-out crew | $650 |
| Month 1 | Materials | Home improvement store | $7,400 |
| Month 2 | Contractor | Contractor | $9,800 |
| Month 2 | Materials | Home improvement store | $3,100 |
| Month 3 | Appliances | Appliance store | $2,300 |
| Month 3 | Labor | Helper | $1,400 |
| Monthly | Lot rent (holding) | Park office | $2,625 |
| Month 4 | Sale proceeds | Buyer | +$65,000 |
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Projected figures assume every payment is made. These samples are shown for illustration; they aren't financial advice, and your results will differ.