2 Single Family Houses Purchased Together

[Roshan K.]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $125,000
Cash invested: $30,000

2 rentals, one at $875 and another at $900

How did you finance this deal?

Bank financing for commercial

What was the outcome?

15% cash on cash after expenses and assuming 28% for vacancy, capex, maintenance, and management.

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

FNB of Okmulgee