Hernando Beach Flip

Hernando Beach Flip

3 bed / 2 bath 1805 sq ft Built in 1999 Single Family

Check out the before and after photos for this beautiful Tampa area flip! Our investor purchased this 3 bedroom, 2 bathroom Hernando Beach canal-front home for $209,900. He completed a full cosmetic rehab inside and out and installed a paver pool deck for extra appeal. The total cost of the renovation was around $60,000. Our investor had an additional $42,760 in other expenses which included loan carrying costs, commissions, title fees, etc. EquityPro's projected ARV for this home was a conservative $340,000. After only 4 days on the market, the property sold for $369,000, generating a net profit of $56,340. Congratulations on an amazing job!

Financial details
Investor price $209,900
Rehab costs $60,000
Other expenses $42,760
Days on the market 4 days
Sold price $369,000
$56,340
Profit
18.02%
ROI