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Purchase price - $255,000 Expected rehab - $80,000 Expected ARV - $425,000 Actual rehab/carrying costs - $155,000 Actual sell price - $525,000 Profit - $76,400 Time to complete – 7 months to get on market, 9 months to close DOM – 27 days See link to “after” images here: Our First Flip The House This was a mid century 3/2 2300 sq ft home on a large ½ acre lot near White Rock Lake in Dallas.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
