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Updated over 2 years ago,

Steven Kettell's profile image
Steven Kettell's profile image
Steven Kettell
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  • Member since Sep 21, 2022
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Steven Kettell's profile image
Steven Kettell's profile image
Steven Kettell
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  • Member since Sep 21, 2022
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Steven Kettell
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Real Estate Deal Analysis & Advice

First Rental Property

Steven Kettell
Pro Member
Posted

Investment Info:

Townhouse buy & hold investment.

Purchase price: $261,000
Cash invested: $9,700

3 Bedroom, 1 Bathroom townhome in Towson, MD. Purchased with 3% down conventional financing. Owned as primary residence for 1 year, converted to rental property in year two. Cash flows $870/month on a discounted rate for a 3+ year lease.

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