Dunnellon FL Flip

[Aaron Carnahan]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $120,000
Cash invested: $111,000
Sale price: $222,250

PP $120,000
Purchase CC: $6,901
HM Loan $70,000 @ 12% and 2 points
Rehab $53,000
Insurance: $ 900
CC of Sale: 14200
Taxes: $867

Sale Price: $222,250
Profit: ~$24,000
COC Return: 21%