Residential House Flip Project
We acquired a house in very poor condition on a 0.1-acre lot, conveniently located just 600 meters from the Osokorky metro station, for $78,000.
Our extensive reconstruction included replacing all the pipes, wiring, roofing, facade, and landscaping. The renovation cost $77,000 and took nearly six months to complete.
We sold the property for $245,000 to a local family from Kharkiv, just two months after completing the renovation.
Net Profit to the Investor: $77,700
ROI: 158%
Project Execution Period: 8 months