Deal 2: Blooming Edge Flip

Investment Synopsis: Blooming Edge Flip Deal

Property Location:
Fort Worth, TX 76103

Property Details:
– Current Unit: 3 beds, 1 bath
– Future Unit: 3 beds, 2 baths
– Square Footage: 1,100 sq ft
– Lot Size: 5,663 sq ft
– Year Built: 1946

Financial Overview:
– Purchased Price: $133,000
– Rehab Estimate: $50,000
– Final Project Cost Estimate: $190,000
– After Repair Value (ARV): $240,000

Investment Details:
– Capital Required: $200,000
– Midlo Angels Allocation: $70,000
– Minimum Investment: $5,125 ($5,125 plus 2.5% commission)
– Investor Payment Deadline: August 2nd, 2024
– Investment Tenure: 6 months
– Return on Investment (ROI): 15% flat rate

Project Highlights:
– Location: Prime area in Fort Worth, TX, with growing property values.
– Potential: Significant value increase post-rehab, with an ARV of $240,000.
– Experienced Team: Managed by Blooming Edge Capital, known for successful flips.
– Risk Mitigation: Detailed cost and rehab estimates, realistic ARV projections.

For further insights into Blooming Edge Capital’s past successful projects, please visit [here](https://shorturl.at/vrCLQ).

This investment opportunity offers a robust ROI within a short tenure, making it an attractive addition to your portfolio.

Action Required:
Deal will close early once we reach $70k commitment. Please ensure your investment is submitted by August 2nd, 2024.

For any questions or further information, feel free to reach out to Omolola via lola@midloangels.org