Managing my first investment property.

[Cameron Rockwell]

Investment Info:

Townhouse buy & hold investment in Virginia Beach.

Purchase price: $155,000
Cash invested: $1,100

Just moved out of this house as a primary residence. House is 3 bedroom 2 and a half bath with 1428 square feet. I rent out all three bedrooms separately and manage myself. With PITI, Maint, Capex, and vacancy I cash flow $445 a month. Budgeting for management still puts me at $245 a month in cash flow.