Updated about 2 years ago on .
The MayFlower Fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $40,000
Cash invested: $80,000
Sale price: $148,000
THIS SMALL (750 SF) 1950 BUILD WAS COMPLETLY REMODELED INSIDE AND OUT. FOUDATION WORK, ALL WINDOWS REPLACED, CENTRAL HVAC SYSTEM INSTALLED, ALL NEW PLUMBING, NEW KITCHEN CABINETS AND APPLIANCES, NEW FLOORING THROUGHOUT, REPLACED ELECTRICAL BOX UP, REWIRED ELECTRICAL SYSTEM, CARPORT TO GARAGE CONVERSION, SIDING REPAIR, EXTERIOR AND INTERION PAINT.
What made you interested in investing in this type of deal?
THIS HOME IS LOCATED IN A APPRICIATING NEIGHBOORHOOD WHERE RENTAL VALUES ARE HIGH. THE COMPS IN THIS AREA ARE VERY SOLD, I FELT CONFIDENT IN EXECUTING THIS ONE.
