Fully Furnished Rental With Cash Flow

[Stephen Husted]

Investment Info:

Single-family residence buy & hold investment in San Jose.

Purchase price: $740,000
Cash invested: $180,000

Contemporary Loft Located at Plant 51
Being built well over a hundred years ago, the historic Plant 51 cannery has been reawakened as a new residential community of lofts and flats. Plant 51 features a modern combination of living spaces and outdoor ambiance that bring together stunning architecture and unique style. 2 bedroom , 2bathrooms . 1400 Sq Ft

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

This property is located next to Google's proposed campus in San Jose and complex is in high demand .

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

I'm a local realtor and got into contract closed and had instant 100k in equity .

How did you finance this deal?

I did 25% down

What was the outcome?

Property is currently valued at $1,075,000