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Updated over 4 years ago on . Most recent reply

Eric Schmid's profile image
Eric Schmid's profile image
Eric Schmid
  • from Minneapolis, MN
  • Member since May 27, 2017
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Eric Schmid's profile image
Eric Schmid's profile image
Eric Schmid
  • from Minneapolis, MN
  • Member since May 27, 2017
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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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Marlen Weber's profile image
Marlen Weber's profile image
Marlen Weber
  • Specialist
  • from Plano, TX
  • Member since Jan 22, 2020
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Marlen Weber's profile image
Marlen Weber's profile image
Marlen Weber
  • Specialist
  • from Plano, TX
  • Member since Jan 22, 2020
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Marlen Weber
  • Specialist
  • Plano, TX
861
Votes |
2,343
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Marlen Weber
  • Specialist
  • Plano, TX
Replied

Good work and congratulations on the outcome of this profit. Keep it up @Eric Schmid

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