Eco - Friendly Investment Home - Airbnb

[Troy Maleyko]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $155,000
Cash invested: $45,000

Purchased this home below market value did not show well, pain tenant. Offered cash to leave house was vacant upon possession. Renovated for 15k . Reappraised for $225k. Able to pull out 55k (original 33k dp + 22k to cover renos etc.) . Fixing up house to be eco-friendly (filtration system, infrared sauna, organic bedding etc.) Will put on Airbnb for rent average $150 per night - Generate $2200 - $3000 in rental income per month.