Southwest Detroit Quick Flip

Project: 5849 Baker - Southwest Detroit

Strategy: Arbitrage via Wholetail flip

Purchase: $60,000

Rehab: $0

Sale: $81,000

Gross Profit: $21,000

Net Sale (10% sales costs): $72,900

Net Profit: $12,900

Timeframe: 36 days

ROI: 22%

IRR: 620% (annualized)

“Winding my way down on Baker Street...”

We picked up this off-market single-family home on Baker Street from a seller who needed speed and certainty. We made a direct cash offer, closed fast, and took possession of a house that was already in solid shape.

There was no need for renovations or drama. We immediately listed the property and within just a few weeks, we had a buyer in place. The entire turnaround from purchase to resale closing was 36 days.

The result? Seller walked with what they needed. Buyer got a clean deal on a move-in ready home. We cleared just under $13,000 profit on a $60,000 acquisition.

A fast win-win-win.