Great Cash on Cash Return

[Max Ozkural]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Walden.

Purchase price: $265,000
Cash invested: $66,250

unit 1: 4 bedroom 2 bath rents for $2,100/month
unit 2: 3 bedroom 2 bath rents for $1,500/month

Purchase for $265K with a 25% down payment
Total income is $43,200 and net is $26,880 minus the debt service ($18,864)
Cash on cash over 20% and cap over 10%

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

Fit well within my portfolio. I have another multi family across the street

How did you finance this deal?

Superior Mortgage/ Investor Cash flow program

How did you add value to the deal?

Able to acquire financing in under 25 days

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Superior Mortgage