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Updated over 2 years ago on .

User Stats

130
Posts
59
Votes
Anthony Katsonis
  • Realtor and Investor
  • Placerville, CA
59
Votes |
130
Posts

Nice little 3 bedroom condo is a cash cow!

Anthony Katsonis
  • Realtor and Investor
  • Placerville, CA
Posted

Investment Info:

Condo buy & hold investment.

Purchase price: $475,000
Cash invested: $130,000

We bought this property to run as a Vacation Rental. We fixed it up a bit, and got all new furniture and immediately put it on AirBNB, VRBO and our direct booking website, wwww.libertyvacationrentals.com. The property is performing as good or better than expected and is on track to produce a consistent 30% Cash on Cash Return!