Flipping houses ROI or renting need to understand the numbers

[Bogdan Masca]

Hello,

Will you help me crunch some numbers? Say i buy a property for 40.000$ a duplex. 4 rooms in total rent it out for 500$ a month. But the property will need a 10.000$ investment in second hand furniture paint job to be ready for sell or rent. let`s say i`m flipping for 60-70.000$ how much am i gettting for ROI Wise about 20%.And can i make that sale in 2 months because other properties are selling for the same price and my property has a new paint job?How many buy and flip deals could i do per year? 5-6 and keep reinvesting my money at lets say having 20% roi for each property flipped. Will i have than made how much 100% roi or a 200% roi if we take into account compounding?

I need the excel sheet formula this