Investment Info:

Single-family residence fix & flip investment.

Purchase price: $775,000

Cash invested: $700,000

Sale price: $1,660,000

Fully renovated single-family with 4 bedrooms and 2.5 b...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $775,000

Cash invested: $700,000

Sale price: $1,660,000

Fully-renovated, sun-drenched single family with 4 bedr...

I don't know if I've just been ultra conservative, maybe adding expenses where not needed, (maybe missing some??..)

(kept existing kitchen cabinets), but replaced all of the vanities in the bathrooms, and installed granite countertops, luxury plank vinyl through out, new light fixtures, added front landscaping, new toilets, shower, tub, new baseboards, light fixtures, garage door, garage door opener, two tone paint, etc...

Not looking for luxury prices since the plan is rental.

However depends on the price range like everything else, but I'm assuming this is not a luxury property. 

That wouldn't be the case because two thirds of the properties in Puerto Vallarta, luxury or not, are bought by foreigners.When it comes to the type of properties that foreigners would buy, Mexican properties are priced so both locals and foreigners can afford them.

It is a Designer Luxury home.

Where we live it is not unusual to make 40% cash on cash from a flip as it is under most definitions a luxury market in which we operate. 

One is university housing specializing in upper-end one-bedroom units, the other is mixed luxury just a bit away from the University.