Multi family investment

[Michael Van Brunt]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $300,000
Cash invested: $75,000

4 plex with 3 LTR units and 1 STR unit

What made you interested in investing in this type of deal?

Good cash flow

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Conventional with 25% down on 20 yr note

How did you add value to the deal?

Everything is new and we pay for internet

What was the outcome?

3 LTR's rented cash flowing $300/mo. STR projections to net $1100/mo.