3rd Deal - Buy & Hold

[Ronea Saunders]

Investment Info:

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

Purchase price: $286,000
Cash invested: $42,000

2nd buy & hold property, using a standard investment loan. See details below!
Purchase Price: $286,000
Down Payment: 25%
Rehab: $42,000
Interest Rate 5.8% 30 Year Fixed
Current Rent Roll: $3750
Vacancy/Management/Maintenance: 5% Each ( but I do self manage)

*Rehab included new life proof LVP flooring, paint, popcorn ceiling removal, kitchens (w/granite) new stainless steel appliances, and new bathroom fixtures. One unit included a finished basement with full bathroom addition.