$540,000

In January 2023, Barnett Capital funded a $370,000 fix and flip loan for a residential property in Tampa, Florida. The investor purchased the home for $295,000 and completed $114,000 in renovations, with updates that included both interior improvements and a refreshed outdoor pool area, increasing the property’s appeal in a competitive market. With a buyer lined up during construction, the project was completed and sold in just five months, with a final resale price of $540,000, exceeding the projected after repair value (ARV) of $520,000. This Tampa project is a reminder that the right property, paired with smart improvements and a well timed exit, can deliver results that go beyond the original scope.