House Flipping Case Study #9
8527 58th Ave
Property Info
Address:8527 58th Ave, Berwyn Heights, MD 20740 + Land
Year Built: 1915
Sq Feet: 3,292
Bedrooms: 5
Bathrooms: 4.5
Property URL: click here
Rehab Details
Rehab Cost: $125,500
Carrying Cost+Sales Cost: $65,365
Rehab Time Frame: 3 month and 21 days
Sale Time Frame: 2 month and 3 days
Returns
Purchase Price (& Taxes): $441,050.63
Sale Price: $674,635
Project Time Frame: Rehab Time Frame + Sale Time Frame = 6 months
Project Profit: Sale Price – Purchase Price – Rehab Cost – Carrying Cost – Sales Cost = $108,084.38
Project return on investment: Project Profit / (Purchase Price + Rehab Cost + Carrying Cost) = 19.08%