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Updated 5 months ago on .

User Stats

1
Posts
0
Votes
Max Lindenberger
  • Real Estate Agent
  • CA
0
Votes |
1
Posts

TX SFR Investment play

Max Lindenberger
  • Real Estate Agent
  • CA
Posted

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