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Updated over 1 year ago on . Most recent reply

User Stats

126
Posts
111
Votes
Adam Zach
  • Rental Property Investor
  • Fargo, ND
111
Votes |
126
Posts

$4,135/month rent on a $343,000 single family new construction home.

Adam Zach
  • Rental Property Investor
  • Fargo, ND
Posted

Investment Info:

Single-family residence buy & hold investment in Social Circle.

Purchase price: $343,000
Cash invested: $49,000

I love real estate. Last week we closed on this new construction home. We get to help a family, cash flow similar to a STR (over 30% CoC ROI), have zero vacancy, plus act like a bank. I love me some lease options

More info on the numbers and tenant here. https://docs.google.com/spreadsheets/d/1yhfnVlZdEBfrVmSeizm7MB3DgcLMFhVk/edit?usp=sharing&ouid=103884306330266848095&rtpof=true&sd=true

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