Single family rental property

[Heidi Johnson]

Investment Info:

Single-family residence buy & hold investment in Front Royal.

Purchase price: $289,000
Cash invested: $49,000

I have a long term rental, it's a quaint country home on over an acre of land built in 2017. It's a 3 bed/2 bath, has stainless steel appliances, a gas fire place, 2 car garage, dog door with dog run connected in the back, covered front porch, and a large deck with welcoming French doors. The home is equipped with a Nest, a Ring doorbell, and an X-finity security system.
Has potential to increase in value when the metro gets built farther west.

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

Its a highly sought after neighborhood and close to the town of Front Royal.

How did you find this deal and how did you negotiate it?

Well known builders in the area.

How did you add value to the deal?

Landscaping, appliances, extended the driveway for more parking