top of page
  • Ryan Walker

Property One: Prague Single-Family

The very first investment project was a family flat in Prague 9. It was a no-money down deal, and all capital was raised and financed.

Investment Parameters

Location: Prague 9 - Kyje

Year of Entry: 2020, Covid Maturity: 2022

Investment Strategy: Force appreciation with renovation and upgrading to modern amenities, hold for natural appreciation, refinance, convert to rental property.

Size: 63m Cellar: 7m Balcony: Two, 10m and 20m squared Parking: Yes


Special Features

  • Negotiated to use the neighbors roof as a new, second terrace for the flat

  • Walls were demolished to create a bigger bathroom, the shower was built-in to maximize space

  • Old hardwood floors, doorframes, and doors were salvaged and restored

  • Kitchen was relocated to another room, pipes re-mapped

  • Custom, thought-out design work was done to each room


Payoff Projection

Cost of Purchase: 4,750,000 czk

Cost of Renovation: 250,000 czk

Property Value Estimate (as at Nov 2021): 7,000,000* czk

Property Value Estimate (as at Maturity): 7,500,000* czk

Initial Investment: 1,000,000 czk

ROI at Maturity: 275%**

*Based on for-sale comparables in the neighborhood of similar size and features such as a balcony, parking, and storage unit.
**ROI = (Value at maturity - Initial Purchase Value) / Initial Investment





#invest #createvalue #createwealth #commercialrealestate #flip #walker-steady #appreciation


bottom of page