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Updated almost 6 years ago,

User Stats

22
Posts
7
Votes
Jessica Roland
  • Investor
  • Atlantic, IA
7
Votes |
22
Posts

Bought a rehabbed property for a SFR

Jessica Roland
  • Investor
  • Atlantic, IA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $57,700
Cash invested: $11,800

Bought this SFR with proceeds from a BRRR just one week before the birth of our 5th child. I answered calls from potential renters while in the hospital! It has cash flowed nicely with barely any repairs except for a few plumbing calls. Turns out someone had put a grounding stake right through the sewer line!