4 unit Portfolio in MKE/Racine WI

[Cal Rohrman]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $68,500
Cash invested: $68,500

3 properties, 4 total units in the Milwaukee & Racine, WI area. We found these off market and are currently renovating them. We will end up putting around $20,000 in and our rent roll for all 4 units will be just over $3,000.

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

What made us interested in this specific deal was the cash flow after everything is set and done. From receiving a great sale price, to minimal renovations to rent roll being high, this is an all around great deal for us.

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

We found this deal off market through mutual friends. We negotiated through our realtor and acquisition team.