House Flipping Case Study #15
13125 10th St.
Property Info
Address: 13125 10th St. Bowie, MD 20715
Year Built: 1894
Sq Feet: 3,200
Bedrooms: 6 originally, 6 after rehab
Bathrooms: 2 originally, 3 after rehab
Property URL: click here
Rehab Details
Rehab Cost: $116,010
Carrying Cost+Sales Cost: $11,723
Rehab Time Frame: 5 month
Sale Time Frame: 2 month
Returns
Purchase Price (& Taxes): $236,802
Sale Price: $403,799
Project Time Frame: Rehab Time Frame + Sale Time Frame = 7 months
Project Profit: Sale Price – Purchase Price – Rehab Cost – Carrying Cost – Sales Cost = $39,264
Project return on investment: Project Profit / (Purchase Price + Rehab Cost + Carrying Cost) = 10.77%