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Updated 7 months ago on . Most recent reply

User Stats

4
Posts
1
Votes
Nick Wu
1
Votes |
4
Posts

Rochester, NY Duplex Investment

Nick Wu
Posted

Investment Info:

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

Purchase price: $182,250
Cash invested: $73,000

- Residential area that is close to University of Rochester

- Spent $20K in renovation of the aged unit and increased the rent from $750 to $1,450.  The other unit was rented for $1,300. Currently yielding monthly cash flow of $1,250 ($900 after all projected vacancy & maintenance budget).

Most Popular Reply

User Stats

125
Posts
21
Votes
Preston Garcia
  • Real Estate Agent
  • Rochester, NY
21
Votes |
125
Posts
Preston Garcia
  • Real Estate Agent
  • Rochester, NY
Replied

Hey are you selling this or posting about a great deal that you completed over here in Rochester?

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