Fix-N-Flip in Plano Texas: $38,000 Potential Profit

Financial Details

Purchase price: $109,000
Closing costs: $3,500
Rehab & holding costs: $40,000
Estimated duration: 5 months
Projected selling price: $207,000
Sale expenses: $16,560
Net selling price: $190,4403
Profit: $38,200
ROI: 25% (50% annual)
Financing: financing is can be provided and qualification will be determined on a case by case.
Note: these are projected details based on initial property and market analysis.

Property Details

Location: Merrimac DR, Plano, TX
Bedrooms: 4
Bathrooms: 2.5
Sq. Ft.: 2321
Year built: 1973
[srp_profile lat=”33.0259722″ lng=”-96.73721969999997″ address=”Merrimac Drive” city=”Plano” state=”TX” zip_code=”75075″]
Plano median sales prices

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