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Updated over 4 years ago on . Most recent reply

User Stats

21
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8
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Chase Johnson
  • San Antonio, TX
8
Votes |
21
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First fix and flip in San Antonio

Chase Johnson
  • San Antonio, TX
Posted

Investment Info:

Single-family residence fix & flip investment in San Antonio.

Purchase price: $133,000
Cash invested: $75,000
Sale price: $305,000

This was my first fix and flip property. The funds from the sale were used to purchase another fix and flip that I ended up refinancing and keeping as a rental property. Of which has a cash on cash return of 28%!

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