SFR House flip 63% ROI

[Will F.]

Investment Info:

Single-family residence fix & flip investment in Long Beach.

Purchase price: $460,000
Cash invested: $120,000
Sale price: $675,000

Contributors:
Amaury Zambrano

This is a fix in flip purchased under 75% ARV
ARV was estimated at $610,000- but sold for $675k.
Private Loan is $400k the rest is my own cash invested.
Initial personal cash was apx $60k for purchase $75k construction $20k holding costs, $25k closing costs. Approximation.

Total Cash $180k
$400k Loan
Net Costs $580k

Sold Price $675k

$95k net profit
$400k Private money
ROI 63%

How did you find this deal and how did you negotiate it?

Agent relationship

How did you finance this deal?

PM

How did you add value to the deal?

Renovated kitchen bath floors windows landscaping paint roof plumbing etc