First Investment Property!!!

[Zeke Liston]

Investment Info:

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

Purchase price: $100,000
Cash invested: $25,000

Bought this double off-market.
-3/1
-2,468 sq ft
-$414.15 P&I

Current Rent
$550
$700

Market Rent (Raising this May)
$800
$800

The South of Main area in Olde Town East is up and coming but still has it's rough edges. I plan on renovating both sides in the next 2-3 years, following a cash-out refinance.