This Miami Gardens Flip Pose a $30,000 Profit

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This Miami Gardens Flip Pose a $30,000 Profit

Lender · South Florida · Member since 2018 · 94 posts · 14 votes

After repair value.......$195,000 (See comps below) 

Repair............................$ 40,000 

Cost................................$ 20,000 (this includes buying & selling, plus holding cost) 

Asking price..................$105,000 

Total Investment.........$165,000 

Profit...............................$30,000

Return on investment..18% 

Call Now 786-802-0020

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  • Member since 2018 · 76 posts · 23 votes
    7y

    Ross. How did you come up with a $40k repair cost? And what are the items that needed to fix repair? Do you have more pictures and address?  Thanks.

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