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Detroit · Fix & Flip · Sold

A Detroit bungalow, renovated and sold for $95,000.

Our in-house team took this house on Prairie through a full flip: kitchen, floors, a finished upstairs bedroom, and the front porch buyers see from the street. Then our brokerage sold it.

PROPERTY: 14xxx Prairie, Detroit, MI  ·  STRATEGY: Buy, renovate, sell
$95,000
Sale Price
Sold
Outcome
The Finished House

What the renovation delivered.

Listing photos of the finished house. A buyer at this price point wants a move-in-ready kitchen, clean floors, and a front porch that looks cared for.

Renovated Detroit bungalow on Prairie with a covered front porch, brick piers, black railings and lattice, dark front steps, and a shingled dormer
Exterior
Renovated kitchen with white cabinets, hexagon tile backsplash, marble-look counters, a black faucet, stainless dishwasher and gas range, and wood-look floors
Kitchen
Second view of the kitchen showing a stainless refrigerator, white cabinets, hexagon tile backsplash, and a black interior door
Kitchen
Living room with wood-look floors and white walls opening into a dining area with a pendant light
Living room
Finished upstairs bedroom under a sloped ceiling with carpet, white walls, and a ceiling light
Upstairs bedroom
Renovation Scope

Where the budget went, room by room.

The work visible in the finished photos. On a flip, every dollar has to show up in the sale price, so the scope goes where buyers look first.

Kitchen
White cabinets, hexagon tile backsplash, marble-look counters, and a full set of stainless appliances.
Floors and paint
Wood-look flooring through the main level and fresh white walls throughout.
Upstairs bedroom
A finished bedroom under the roofline with carpet and a ceiling light, a real selling point at this price.
Porch and exterior
Covered front porch with black railings and lattice, dark painted steps, and fresh plantings.
Reading This Honestly

A sale price is not a profit.

Whether a flip at $95,000 makes money depends on what happened before the sale. For a full flip ledger with every cost, see the Stansbury case study.

Entry price
The purchase has to leave room for the renovation, selling costs, holding costs, and a profit, all under what the finished house will sell for.
Cost control
At a $95,000 resale, a few thousand dollars of overrun is a real share of the margin. Scope discipline matters more at this price point, not less.
Timeline
Taxes, insurance, utilities, and the cost of capital run every month the house is not sold. Speed through renovation and listing protects the return.
The Great Lakes PMG Flip Process

We handle the flip. You provide the capital.

One team from purchase to sale, in four steps.

1
Market analysis
We find well-located, undervalued Detroit houses with real value-add potential, and run the resale comps before anyone makes an offer.
2
Acquisition through our brokerage
Great Lakes PMG is a licensed real estate brokerage. We walk you through the purchase, from offer to closing.
3
Renovation by our in-house flip specialist
Our own renovation team scopes and runs the rehab, aiming for the highest after-repair value the street will support without overbuilding.
4
Sell and realize the return
We list, market, and sell the finished house. You fund the project; the profit is split by the deal terms agreed up front.
Next Steps

Pressure-test a flip before you fund one.

Talk through a flip
Book a call to walk through budget, timeline, and the kind of house that fits.
Book a call →
Investment consulting
Sourcing, acquisition, renovation, and exit for Detroit investors, local or out of state.
See how consulting works →
Run your own numbers
Plug in a purchase price, rehab budget, and resale value to see what a flip leaves after costs.
Open the fix-and-flip calculator →

Thinking about funding a Detroit flip?

We find the house, broker the purchase, run the renovation with our own team, and sell it. Managing Member Clarence Archibald III has completed 250+ property rehabs since Great Lakes PMG opened in 2006.

Book an Investor Consultation
Great Lakes Property Management Group, LLC · Detroit, Michigan · greatlakespmg.com