4 Unit in Farmingdale Maine

[Rylee Knox]

Investment Info:

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

Purchase price: $202,150
Cash invested: $26,936

We purchased a $5,000 sq ft 4 plex with 4 x 2 bedroom appartments that each rent for $995. Tenants pay their own heat and electricity. Because we are managing it on our own right now, it actually cashflows over $1500/month! Giving us a 70% COC return.