Location: Fort Worth, TX

Purchase Price: $153,000

Rehab Costs: $76,708

Sale Price: $290,000

Net Profit: $23,700

Return on Investment: 45%

Loan Structure: 12 months interest only

Loan Purpose: Property purchase and renovation

Our client modernized this four-bedroom, three-bath ranch style home in Fort Worth, TX and flipped the property for a profit in less than 6 months. The open floor plan included exposed beams spanning the living space and a brick floor to ceiling fireplace. After interior and exterior paint, updated flooring, a renovated master suite with a walk-in closet, and a remodeled master bath including a double vanity and shower with mosaic tile and double overhead shower heads, this property sold for $290,000, earning our client a 45.8% return on investment with over $23,700 in net profit.