$212,000-$252,000 Instant Equity
Land: $365,000
Build: $523,000
Total Price: $888,000
Appraisal: $550,000 – $570,000 per side
Total Value: $1,100,000 – $1,140,000
Equity Gain: $212,000 – $252,000
Yield: 5.5% – 5.8% ($470-$495 per side per week)