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Living room in a rental apartment

How to Make Money Flipping Apartments

Apartment flippers need to focus on a different set of metrics than someone who flips houses.

[Updated: Feb 04, 2021 ] May 20, 2020 by Matthew DiLallo

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Targeted sales price $300,000.00
Purchase price ($200,000.00)
Renovation costs ($50,000.00)
Holding and closing costs ($25,000.00)
Profit potential $25,000.00

Data source: Author's calculations.

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