Weeki Wachee Canal Flip
Weeki Wachee Canal Flip
Wow, this three-bedroom, two-bathroom canal front manufactured home doesn't even look like the same property! Our investor purchased this property through EquityPro for $142,500. He completely updated this property inside and out, pulling out all the stops to make this a boaters' paradise. The total cost of the renovation was $40,000, which was slightly higher than EquityPro's initial rehab projection. However, our investor wanted to make this property shine, and the extra rehab budget allocation paid off as he was able to increase the sale price. He had an additional $7,000 in closing costs, commissions, and utilities. After 24 days on the market, this property sold for $254,000, generating a profit of $64,500. Great job on this successful flip!