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Updated 4 months ago,
TX SFR Investment play
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $212,000
Cash invested: $67,000
Great starter investment home.
70% ROI
What made you interested in investing in this type of deal?
Easy return, purchased new from the builder, great ROI off the bat. 0 repair cost first few years.
How did you find this deal and how did you negotiate it?
Mailers to builders
How did you finance this deal?
25% down
How did you add value to the deal?
added an A+ tenant due to new build and zero repair costs
What was the outcome?
70% ROI