Beaufort Condo Number 3

[Eric Berman]

Investment Info:

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

Purchase price: $90,000

New acquisition (it's a condo), in same complex as two previous purchases. Bought with tenants already in paying $925/mo on a 6 month lease. Plan to not renew lease once it expires and conduct ~8k in renovations to modernize and re-list for $1295/mo. The $925/mo will break-even until remainder of plan is executed. Will update with more details once complete in summer of 2020.