Hunters Park Flip Project – SOLD for 20% ROI

Many RE Investors were following our progress on this Flip Project. We successfully sold this flip property for the price more than we expected. Below are the numbers,

Acquisition Cost – $90,500
Total Rehab Cost – $18,500
Total Holding Cost – $2250
Total Sales Cost – $9000
Sold Price – $143,500
ROI – 21%

Our next flip property is getting acquired and closing by this week and plan to start the rehab next week. We hoping for quicker rehab in this property due to the property condition. We got some estimates from General Contractors but we decided to do with the help of individual contractors since the margin is low. Will keep you all posted on it.

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