Single-Family House Flip
Acquired distressed, fully renovated, sold at retail. 3 bed / 2.5 bath on 0.80 acres. ~2.2× cost basis at sale.
Situation
Distressed single-family home, off-market acquisition. Sound bones, dated finishes, deferred maintenance throughout. Strong submarket comps supported a full retail repositioning.
Strategic Interventions
- Disciplined acquisition. Closed at $49,500 — well below comp-supported ARV.
- Full renovation. Kitchen, baths, flooring, paint, mechanicals, exterior — $53,300 scope, fixed budget.
- Retail-grade finish. Spec aligned to buyer expectations in the price band, not investor-grade.
- Tight project control. Single GM, weekly draws, no scope creep.
- Listing strategy. Professional photos, staged key rooms, priced to comps.
Results
- Purchase price: $49,500
- Renovation cost: $53,300
- All-in basis: $102,800
- Sale price: $229,000
- Gross profit: $126,200
- Gross ROI on cost: ~123%
Outcome
Acquired, renovated, and sold at retail. Returned ~2.2× the all-in basis. Well above national flip ROI benchmarks (typically high-20s percent gross).
Relevance
Applicable to distressed single-family acquisitions in secondary markets where disciplined underwriting, fixed-scope renovation, and retail-grade finish drive outsized spreads at exit.
Representative engagement profile. Specific borrower, lender, brand, and asset identifiers have been generalized. Figures are illustrative of typical engagement performance and do not reflect any single client. SUNdhm is a New York State approved receiver and property manager.