Example Flip
Another wholesale deal we sourced from foreclosure, this one an attached home (one side of a duplex). We didn't do a thing except change the locks!
1525 Estacada Way Cordova, Tennessee 38018
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3 Beds
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2.0 Baths
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1,170 Sqft
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92.99% Annualized ROI
Results
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Source
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Foreclosure
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Purchase Price
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$75,000
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Renovation Costs
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$0
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Development Fee
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$3,500
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Total Basis
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$78,500
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Purchase Date
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03/21/19
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Days Owned
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35
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Sales Price
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$90,000
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Closing Costs
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($4,500)
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Cost Basis
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($78,500)
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Soft Costs
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($0)
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Gross Profit
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$7,000
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