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

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Personal Info

To make a Payment towards this Raise, follow these steps:

  1. Make a transfer to Midlo Angels Account Details
  2. On the memo line of the Payment, indicate that the Payment is for the Deals Payment
  3. MAN ACCOUNT DETAILSAccount Name: Salamis Equity
    Bank: Chase
    Account Number: 732615031
    Routing Number: 111000614

 

Midlo Angels Network Texas

Donation Total: $5,125.00