Fix-N-Flip in Plano Texas: $38,000 Potential Profit

Financial Details

Purchase price: $109,000

Closing costs: $3,500

Rehab & holding costs: $40,000

Estimated duration: 5 months

Projected selling price: $207,000

Sale expenses: $16,560

Net selling price: $190,4403

Profit: $38,200

ROI: 25% (50% annual)

Financing: financing is can be provided and qualification will be determined on a case by case.

Note: these are projected details based on initial property and market analysis.

Property Details

Location: Merrimac DR, Plano, TX

Bedrooms: 4

Bathrooms: 2.5

Sq. Ft.: 2321

Year built: 1973

[srp_profile lat=”33.0259722″ lng=”-96.73721969999997″ address=”Merrimac Drive” city=”Plano” state=”TX” zip_code=”75075″]


Plano median sales prices