Poinciana Pool Flip
Poinciana Pool Flip
Updated Poinciana properties never stay on the market long, and this rehab was no different. Our investor purchased this 3 bedroom, 2 bathroom single family home through EquityPro for $149,900. He completed a full interior cosmetic rehab including new flooring in most areas, cabinets, countertops, appliances, paint, and fixtures. Outside, the roof was replaced, the home had a new exterior paint job and driveway improvements were made for a total rehab cost of $34,000. He had an additional $14,940 in closing costs, utilities, and commissions. After a longer rehab timeline than expected, our investor wanted to sell this property quickly. He listed the property at $220,000 for a quick sale and in 8 days this property sold for $222,000, $2000 above list price. Our investor walked away with a net profit of $23,160. Congratulations on a successful flip!