The Pink House in Livermore

[Ethan Myres]

Investment Info:

Single-family residence buy & hold investment in Livermore.

Purchase price: $28,000
Cash invested: $52,500

The Pink house is 800 square feet. 2 bedroom, 1 bathroom. with pink siding. It is Located near food, schools, and shopping. Purchased this home cash and was a live-in remodel for a year. currently rents for 600/month and $150/ month expenses. Enormous potential for a cash-out refinance with a total investment of $52,500 and a market value of $89,000.

How did you add value to the deal?

complete remodel. Blood, Sweat, and Tears.