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October 2023 Acquisition
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $475,000
Cash invested: $30,000
Just closed on 5 more doors. 2 duplexes and 1 house. Rents currently hover around $4300/month. Lots of room to bump to get north of $5000/month. Payment is $2900. Taxes and insurance combine for around $600/month. Looking forward to cleaning up operations and looking for next deal.
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