Duplex in Iowa City

[Akimi Oya]

Investment Info:

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

Purchase price: $369,000
Cash invested: $8,000

-House hack on a duplex.
-100% financing with $10,000 put into initial renovations.
-Renovations included new LVP floors, cabinets, fixtures, bathroom vanity and floors.
-CAP rate: 6.61%
-ROI= 70% (no money down financing)

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Myself with the Monica Hayes Team!