Vacation Rental Condo

[Rosie Camacho]

Investment Info:

Other buy & hold investment.

Purchase price: $165,000
Cash invested: $20,000

Purchased a 2 bed/ 2 bath condo with a partner, light rehab and furnishing. We presently rent it on AirBNB / VRBO and cashflow about $600/mo after all expenses. We are in an area close to downtown/festivals/tourist areas but because there is a lot of student housing around us, the complex was still relatively affordable at the time of purchase.