June Lam [Investment Focused Realtor] - THE DOOR TO GENERATIONAL WEALTH: COMPREHENSIVE GUIDE TO REAL ESTATE INVESTMENT

the owner's investment. ROE = Net Profit / Owner's Equity

These formulas provide a starting point for evaluating potential house flips in Canada. Keep in mind that market conditions, property-specific factors, and regional variations may influence the applicability of these formulas. Additionally, seeking advice from real estate professionals and conducting thorough due diligence is crucial for successful house flipping.