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Updated over 7 years ago, 08/12/2017

User Stats

119
Posts
88
Votes
Angelica Osusky
  • Joliet, IL
88
Votes |
119
Posts

First Flip at 21! Before and After Pics!

Angelica Osusky
  • Joliet, IL
Posted

I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.

Numbers:

Purchase Price with closing cost: $55,290.25

Rehab Cost: $28,815.60

Total in: $84,105.85

Holding cost: Roughly $450 a month (insurance, HOA fees, utilities, & taxes)

ARV: $115,000

Estimated Profit: $29,094.15

The property just went onto the market today. Here are the before and after photos!

BEFORE:

AFTER:

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