This is a million dollar house flip in the San Francisco Bay Area in California.
Property Stats
1,630sf
Square Feet
4
Beds
3.0
Baths
1956
Year Built
Project Results
After Repair Value
$1,610,000
Purchase Price
$1,000,000
Renovation Costs
Rehab + Addition
$180,000
Other Costs (buying, holding, selling)
$129,031
Gross Profit
$300,969
$987.73
ARV $/sf
$110.42
Renovation $/sf
59.0%
Purchase % of ARV
18.7%
Profit % of ARV
*Note: Profit Results attributed to these businesses may be exceptional and should not be interpreted as common, typical or expected. Flipping houses is hard and involves very real risks of financial loss.
Transform Real Estate Investments, LLC is a Bay Area local Real Estate Solutions Company that purchases and improves all types of homes in various conditions and locations.
