Here's a few billionaires you may be familiar with who never had theirs: Steve Jobs (Apple), Steve Wozniak (Apple), Larry Ellison (Oracle), Michael Dell (Dell), Richard Branson (Virgin), Charles Culpeper (CocaCola), David Geffen (Geffen Records), David Oreck (Oreck), there's many more.

I lived in Cupertino before HEY 280 was built . and where Apple headquarters is now  IE  HWY 9 and Steven Creek it was still gravel roads.. !!!

As I see it 1624 sf x $125 = $204K however when I pull comps up matching apples for apples, I see the AVR at $184k.Here’s what I see in the numbers;Flip Calculator Analysis3 Beds, 2 Baths Ranch - 1624 sf Built 1981 .37 Acres WaterfrontProfit & Projections Total Projected Pre-Tax Profit: $33,467.10 Total Personal Cash Invested $60,512.90 Holding Costs Per Month: $1,837.50 Return on Investment (ROI): 55.31% ROI (Annualized): 168.22% Profit if held for... 45 Days 90 Days 270 Days $37,912.66 $35,245.32 $24,575.97 Property InformationFinancial Information: Purchase Price: $80,000.00 Purchase Closing Costs: $6,000.00 Estimated Repair Costs: $45,000.00 Total Cost of Project: $131,000.00 Projected After Repair Value: $184,000.00 Monthly Expenses: Mortgage Payment: $800.00 Electricity: $125.00 Gas: Water/Sewer: $125.00 Sewer: $150.00 Garbage: HOA Fees: Insurance: $300.00 Property Taxes: $187.50 Other: $150.00 Total Monthly Expenses: $1,837.50 Loan Information: Total Loan Amount: $80,000.00 Loan Points and Fees (Out of Pocket): $4,400.00 Loan Interest Rate: 12.0% Total Monthly Loan Payment: $800.00 Sale Information: Sales Price after Fix Up (ARV): $184,000.00 Real Estate Agent Fees: $5,520.00 Other Closing Costs: $2,500.00 Total Days Held: 120.0 days

@Paul Fagot - Homesnap is kind of apples and oranges to PR.

Another concern is that yYou're using city boundaries for your data set which is a bit limiting and precludes apples-to-apples comparison across multiple cities.

I also like to keep an eye on affordability as a key metric since it combines incomes, prices, and interest rates all into one ... not that I compare affordability of SF to KC, because that is apples and oranges, but rather SF 2017 affordability vs SF 2006 affordability for example.

If you think some random home in some random city is going to out earn an index fund or Apple or Goog stock ...think again as one was 100% designed to be lived in and the other was 100% designed for investors returns. 

But the basics are you want to compare apples with apples.

We supply beverages.... bottled water, coffee, tea, cocoa, and a bottle of sparkling cider.

Three words. The three words that I am about to type could end up saving you thousands of dollars in wasted money. Here it is, are you sitting down? Run your numbers. Run. your. Numbers. Why? Because sometimes a highe...