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Updated about 9 years ago on . Most recent reply

User Stats

72
Posts
27
Votes
Jeremy Kuchenbecker
  • Investor
  • Winter Garden , FL
27
Votes |
72
Posts

To Sell or Not to Sell....

Jeremy Kuchenbecker
  • Investor
  • Winter Garden , FL
Posted

I wanted to get some additional input, I'm torn on what to do.

I have a SFH that I've held for 1.5 years with good tenants in there now, located in a C area. Cash flow after PITI is $510/month. So far been very good on maintenance and I would safely assume this will continue as all the appliances and roof are only a few years old with warranties. My only two concerns are the septic system, which is the original from 1976, and the area being somewhat limited in terms of the tenant profile, although the current ones have been great.

I put a total of $24k into the property and have the ability to net around 24k profit from the deal(100% return). I could obviously use the money to invest elsewhere but really torn on which way to go....

Jeremy

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