East Dallas Flip

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Description

Traditional flip of a 1950s home in a transitional area.  Nothing fancy here, just the basics.  Opened a wall, new flooring and countertops, paint, appliances, and two bathroom remodels.  

The Numbers

  • ROI - 67.76%
  • IRR - 135.53%
  • Net Profit - $35,576
  • Sale Price - $271,555
  • Purchase Price - $175,000
  • Rehab Cost - $35,000
  • Soft Cost - $10,500
  • Selling Cost - $15,479
  • Total Cash Invested - $52,500
  • Time (months) - 6
 

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