4 Plex - SAN DIEGO CA 11.4% CASH on CASH Return (investment opp)

[Erin Wicomb]

Great Investment opportunity for investors looking for cashflow and equity appreciation

50k Minimum investment Max 200k per investor 

Looking for local investment partners that want to receive passive income in San Diego 

We have under contract a 4-Plex that the seller (who is very motivated) is selling significantly below market value the current tenants are paying $1150 per month and market rent for a 2 Bed 1 Bath in San Diego is $2100 we underwrote $1950 per unit renovated

Average Rent In San Diego 

How it works: We sign on the loan, we partner with investors for the down payment, we do the renovation and the management and split the cashflows 60/40 with our investors