Buy fix & Sell project. The house was bought from a bank for $74000. The renovation included installing new electrical lines and plumbing. The renovation last 4 months and the house was sold for $159,900.
Estimated time: 6 months
Investment: 110,000 $
Selling Price: 159,900 $
Profit after expenses: 32,500 $
Investor yield after initiation fee: 17.7%
Size: 2790 sqft