Single Family Fix and Flip

[Noah Evans]

Investment Info:

Single-family residence fix & flip investment in Boise.

Purchase price: $265,000
Cash invested: $104,000
Sale price: $480,000

Single Family Home in Boise Idaho

We went into this property with a 4 month rehab planned out. Due to city being back up on permits, the entire project took 5 months. Our expenses also increased when we decided to upgrade our finishes. This isn't something we always do, but our team decided that we needed to increase the value of this house to match the comps in the neighborhood. After completion, I was able to secure a buyer without an agent and waive the buyer's agent commission.