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Updated over 3 years ago on .

User Stats

75
Posts
9
Votes
Nicolas Beaujean
  • Boston, MA
9
Votes |
75
Posts

Unreal STR Newport RI opp

Nicolas Beaujean
  • Boston, MA
Posted

Hey everyone! I had an investor back out last second for personal reasons- I have an amazing duplex in Newport RI (technically middletown which has virtually no STR regulation) under contract that would net about 20k/year as a LTR and 80k/year net as a STR

Purchase price: 500k

Rehab: 30k

ARV: 700k

Investment needed 80k

Equity given: 50%

Ask me anything

  • Nicolas Beaujean