Example Flip
Pure wholesale deal, bought as-is from foreclosure auction and sold to a family who wanted to do a little work
1270 Fox Trace Dr Cordova, Tennessee 38016
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3 Beds
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2.0 Baths
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1,804 Sqft
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42.86% Annualized ROI
Results
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Source
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Foreclosure
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Purchase Price
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$131,248
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Renovation Costs
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$0
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Development Fee
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$3,500
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Total Basis
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$134,748
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Purchase Date
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05/14/19
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Days Owned
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49
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Sales Price
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$150,000
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Closing Costs
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($7,500)
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Cost Basis
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($134,748)
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Soft Costs
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($0)
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Gross Profit
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$7,752

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