Single family rental BRRR

[Logan Turner]

Most Recent BRRR / infinite return SFH

Purchase: $15,500

Rehab: $55,800

ARV: 117k (BPO mis appraised as a 2/1 when it is a 3/1. Should be closer to 130-135k)

Commercial loan: $93,600

Cash back: $22,000 in tax free dollars above my cost.

Just leased: $1495/month

Expenses: 954.37

———————————————

Net Net income: $540.63/mo

And $22k in pocket.

Not a typical deal but happens more than you would think.