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Updated about 4 years ago,

Eric Schmid's profile image
Eric Schmid's profile image
Eric Schmid
  • from Minneapolis, MN
  • Member since May 27, 2017
Connect

User Stats

46
Posts
31
Votes
Eric Schmid's profile image
Eric Schmid's profile image
Eric Schmid
  • from Minneapolis, MN
  • Member since May 27, 2017
Connect
Eric Schmid
  • Minneapolis, MN
31
Votes |
46
Posts
Real Estate Deal Analysis & Advice

Wisconsin Flip - 55k Profit

Eric Schmid
  • Minneapolis, MN
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000
Cash invested: $27,000
Sale price: $175,000

Contributors:
Jared Freye, Joseph Ziolkowski

Profit: $55k (pre-tax) - $0 money invested in the deal.

Purchase price: $80k
Rehab: $27k
All in: $107k

Sale price: $175k

Profit: $55k

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