SFR deal in Columbia, SC

[Steven N.]

Investment Info:

Single-family residence buy & hold investment in Columbia.

Purchase price: $55,000
Cash invested: $56,000

SFR turnkey deal in Columbia, SC. 15%-18% cash-on-cash projected.

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

Looking for solid income producing rental in SC.

How did you finance this deal?

Conventional 30 year fixed mortgage.

What was the outcome?

Deal closed in September, aiming to get this rented by end of October.