Location: Arlington, TX

Purchase Price: $160,000

Rehab Costs: $32,000

Sale Price: $270,000

Net Profit: $45,000

Return on Investment: 217%

Loan Structure: 12 months interest only

Loan Purpose: Property purchase and renovation

This three-bedroom, two-bath Victorian home in Arlington, TX was a fixer upper with a ton of potential. Our client added beautiful granite countertops in the kitchen and bathroom, stainless steel appliances, new water resistant plan flooring, and crown molding, in addition to exterior renovations and landscaping. In just three months it was market ready and sold for $270,000. This property earned our client a whopping 217.8% return on their investment, nearly $45,000 in net profit with just over $20,000 out of pocket!