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Updated almost 3 years ago,
First Brrrr sharing info on it
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $57,000
Cash invested: $3,000
Sale price: $58,900
First Brrrrr
Asking $58,900
Paid $57,000
Appraised $72,00
No down payment financed $57,000 $3,000 in closing costs.
$16,000-$20,000 in renovations
ARV $120,000 ? I need help calculating the ARV
4.75% loan for 20 years
Rent for $1000-$1200 ?
$850 going out includes all costs
Will cash flow $150-$350
First time on here not sure who sees this but if anyone that does read this and wants to offer helpful info I’d appreciate it.
Thanks
Steve Williams