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Updated almost 6 years ago,

Alan Grobmeier's profile image
Alan Grobmeier's profile image
Alan Grobmeier
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Nov 20, 2013
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User Stats

919
Posts
911
Votes
Alan Grobmeier's profile image
Alan Grobmeier's profile image
Alan Grobmeier
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Nov 20, 2013
Connect
Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
911
Votes |
919
Posts
Real Estate Deal Analysis & Advice

Jan Ave Mesa, AZ Property

Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $240,000
Cash invested: $18,000
Sale price: $299,000

Was owner/occupied from Jan 2013 to July 2016. Turned into rental for 2 years to gain more equity at basically break even cash flow. Added pool solar system. Sold in Nov 2018.

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