House Flipping Case Study #6
7001 Emerson St
![](https://lz-investments.com/wp-content/uploads/2023/01/front-after-2.jpg)
![](https://lz-investments.com/wp-content/uploads/2023/01/front-before-1-scaled.jpg)
![](https://lz-investments.com/wp-content/uploads/2023/01/kitchen-after-2.jpg)
![](https://lz-investments.com/wp-content/uploads/2023/01/kitchen-before-1-scaled.jpg)
Property Info
Address: 7001 Emerson St, Hyattsville, MD 20784
Year Built: 1950
Sq Feet: 1,300
Bedrooms: 3 originally, 4 after rehab
Bathrooms: 1 originally, 2 after rehab
Property URL: click here
Rehab Details
Rehab Cost: $51,042.92
Carrying Cost: $9,266.57
Rehab Time Frame: 3 month
Sale Time Frame: 2 month
![](https://lz-investments.com/wp-content/uploads/2023/01/livingroom-after.jpg)
![](https://lz-investments.com/wp-content/uploads/2023/01/livingroom-before-scaled.jpg)
![](https://lz-investments.com/wp-content/uploads/2023/01/bathroom-after-2.jpg)
![](https://lz-investments.com/wp-content/uploads/2023/01/bathroom-before-2-scaled.jpg)
Returns
Purchase Price (& Taxes): $157,186.37
Sale Price: $246,214.26
Project Time Frame: Rehab Time Frame + Sale Time Frame = 5 months
Project Profit: Sale Price – Purchase Price – Rehab Cost – Carrying Cost – Sales Cost = $28,718.4
Project return on investment: Project Profit / (Purchase Price + Rehab Cost + Carrying Cost) = 13.2%