The typical home flip generated a gross profit of $65,981 last year, equating to a 25.5% return on investment, according to ATTOM. This indicates solid gross margins for flip investors at a transactional level but may mask regional variance and net profitability after holding, renovation, financing, and selling costs.
The typical home flip generated a gross profit of $65,981 last year, equating to a 25.5% return on investment, according to ATTOM. This indicates solid gross margins for flip investors at a transactional level but may mask regional variance and net profitability after holding, renovation, financing, and selling costs.
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