Cash Cow #10 Class D

[Alexis Fentress]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $105,000
Cash invested: $1,000

Purchase Price: $105,000
Mortgage/Taxes/Insurace: $800
Management Fee: $100
Rent: at least $1,300
Cash Flow: $400
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What made you interested in investing in this type of deal?

Cash flow

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

Listed on the MLS, my agent represented me.

How did you finance this deal?

HELOC

[Drew Sygit]

@Alexis Fentress if the PMC sends you monthly funds, then where will they get the money to evict the tenant when they stop paying? What about the rentReady repairs when they finally get rid of the nonpaying tenant?

Hope you used a vacancy/nonperformance factor of at least 20% on this Class D property!