SE DC Buy and Hold

[Jessica Evans]

Investment Info:

Townhouse buy & hold investment.

Purchase price: $275,000
Cash invested: $60,000

Purchased in 2015, cash out refinance in 2021 ($100k). Monthly cashflow of $650. No vacancy since 2018.

What made you interested in investing in this type of deal?

Appreciation potential

How did you find this deal and how did you negotiate it?

On market, MLS

How did you finance this deal?

Conventional mortgage