Expectations for future house flipping returns
Patch of Land
OCTOBER 16, 2018
First, the good news for house flipping: Average gross profits have risen steadily over the last few years. As the 2018 house flipping report from research firm ATTOM Data Solutions shows, completed house flips in 2017 yielded an average gross profit of $68,143, representing a 49.8% return on investment. Gross profit is defined here as the difference between purchase price and flip price, not accounting for expenses incurred.
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