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Updated over 5 years ago,
Build wealth through rentals
Investment Info:
Single-family residence buy & hold investment in Deltona.
Purchase price: $85,000
Cash invested: $10,000
Sale price: $141,000
Purchased single family home (3/2) from an investor for $85K, rented the property for three years, and then sold it for a $141,000. The property generated great monthly cash flow and yearly deductions.
What made you interested in investing in this type of deal?
The property was located in a good area, and numbers were at the right point to invest.