Renovation Project Complete! Great rental

[Cassidy Burns]

Hi BP, 

Extremely excited/pleased with how my last 2 renovation projects have gone.  Here are the numbers on the most recent one:

Purchase Price: $12,000 cash

Paid sellers closing costs: All in $12,981

Renovation Supplies/Rehab: $3,489

Total All In: $16,470

Rent: $615/month

ARV: $45,000-$50,000

Still haven't decided if I want to do a HELOC on this unit or not in order to purchase a few more rentals. Overall very pleased! Plus I think I found a contractor that is going to be very reliable, FINALLY!