Case Studies
3009 W 21st Pl, Chicago
Deal Summary
- Purchase Price
- $125,000
- Renovation Cost
- $209,366
- Sales Price
- $400,000
- Net Profit
- $65,634
- Days Held
- 387
- Gross IRR
- 18.51%
- Purchase Date
- Feb 24, 2021
- Closed Date
- Mar 18, 2022
Important Notes
Despite all issues that were faced with possession and construction cost this flip still made $65K.
- Dealt with 2 tenants; worked out case for keys with both tenants.
- Tenants impacted days held.
- Rehab cost exceeded initial construction cost.
- Market time 130 days.
After
