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Updated almost 8 years ago on . Most recent reply
Wholesale deal math issue
hello. So I have a house under contract and I'm doing my numbers but I'm a little confused. Or second guessing myself I should say. Basically. Asking price is 27k, repairs 18k (27000+18000)=45,000
I'm trying to find the roi. ARV-58,000 investment 45000. (58,000-45000)=13000.
Would my roi be 28.9% or 2.9%??