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Updated almost 3 years ago on . Most recent reply

Martin Leija's profile image
Martin Leija's profile image
Martin Leija
  • Rental Property Investor
  • from Mcallen, Texas
  • Member since Aug 14, 2019
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Martin Leija's profile image
Martin Leija's profile image
Martin Leija
  • Rental Property Investor
  • from Mcallen, Texas
  • Member since Aug 14, 2019
Connect
Martin Leija
  • Rental Property Investor
  • Mcallen, TX
3
Votes |
4
Posts
Real Estate Deal Analysis & Advice

SFH Rental Property (RGV)

Martin Leija
  • Rental Property Investor
  • Mcallen, TX
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $100,000
Cash invested: $25,000

This was a full rehab. We went with an updated kitchen, new fence, and paint. This was our first home renovation and opened our eyes at house flipping, which we want to do next. This property is a buy and hold. Currently renting out for $1,500 and was appraised for $140k.

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