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Updated over 5 years ago on . Most recent reply

Eric Reed's profile image
Eric Reed's profile image
Eric Reed
  • from Minneapolis, MN
  • Member since Dec 26, 2017
Connect

User Stats

27
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15
Votes
Eric Reed's profile image
Eric Reed's profile image
Eric Reed
  • from Minneapolis, MN
  • Member since Dec 26, 2017
Connect
Eric Reed
  • Minneapolis, MN
15
Votes |
27
Posts
Real Estate Deal Analysis & Advice

Cedar Rapids BRRR Duplex

Eric Reed
  • Minneapolis, MN
Posted

Investment Info:

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

Purchase price: $60,000
Cash invested: $11,500

Duplex with one bed, one bath each unit. Upper unit has flex space for office or second, non-conforming bedroom. 15 year commercial loan and this will be our first BRRR property. Starting approximately $25k in renovations next month, and should cashflow approx. $350/month once rented!

  • Eric Reed
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