Duplex in Portland, Oregon

[Irving Casas]

Investment Info:

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

Purchase price: $388,000
Cash invested: $77,600

In 2020 after months of listening to BiggerPockets and analyzing deals. I focused on buying a duplex in Portland, Oregon. On February 8th, 2021 I bought a duplex for $388,000. The tenants who were on a yearlong lease were paying $1,300. I work as a realtor and night shift at a hospital as a respiratory therapist, I don't have my own family. Once I moved into the vacant side of the duplex, I realized I still only needed a room to sleep. I had reversed house hacked my entire adult life to save for my downpayment. I rented the vacant room for $725. My mortgage is $1750. My expenses include taxes, home insurance, water/sewer, 5% for vacancy and 10% for capital expenditures and maintenance.