Case Study - Thornton Heights East Fix n Flip
/New Investor’s First Flip
Basics
Purchase Price $248,000
Rehab Budget $40,000
Sold Price $366.000
Deal Profit over $30,000
Repairs Made
Structural
New Roof
New Flooring Throughout
Finished the Basement
Replaced Furnace & A/C
Added Landscaping and Improved Front Steps
Savings Idea
Investor was originally going to get new Cabinet Fronts or New Cabinet Systems, but decided that the cabinets were salvageable and instead painted the cabinets and fronts to save substantial money in the rehab budget.
progress photos below: