Citrus Springs Pool Home Flip
Citrus Springs Pool Home Flip
This three-bedroom, two-bathroom single-family home in Citrus Springs was in dire need of some repairs and updating and our investor knew just what to do to get this property up to par! Our investor purchased this home through EquityPro for $145,000. He completed a full interior rehab with the bulk of the renovation cost allocated toward updating the bathrooms and kitchen, which was unusable due to all of the appliances not working. The exterior of the property needed an overhaul, especially the pool which was like a swamp. To save money, our investor completed the pool renovation himself and wow, it looks inviting! The total cost of the renovation was $75,000. He had an additional $13,000 in other costs including closing costs, commissions, and utilities. This home sold in 25 days for $265,000, generating a $32,000 net profit for our investor. Great job on this successful flip!