East Dallas Flip
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Description
Traditional flip of a 1950s home in a transitional area. Nothing fancy here, just the basics. Opened a wall, new flooring and countertops, paint, appliances, and two bathroom remodels.
The Numbers
- ROI - 67.76%
- IRR - 135.53%
- Net Profit - $35,576
- Sale Price - $271,555
- Purchase Price - $175,000
- Rehab Cost - $35,000
- Soft Cost - $10,500
- Selling Cost - $15,479
- Total Cash Invested - $52,500
- Time (months) - 6
Interested in this deal?
Call Brandt Barham at 469-531-4131.