Another Property added to my Inventory

[Kyle Dwyer]

Investment Info:

Single-family residence buy & hold investment in Hearne.

Purchase price: $140,000
Cash invested: $40,000

1595 sf. Mid Century Modern home w lots of windows, is 3 bed 1.5 bath has formal & informal dining, open kitchen w breakfast bar. Remodel in 2020 w strip-vinyl, tile & carpet, new cabinets, sinks & toilets in baths, granite in kitchen, utility & baths, LED light fixtures, outlets/switches, and GFCI's. Paneling replaced w drywall, ceilings/walls re-textured & interior paint then stripped kitchen cabinets, new hardware & stainless dishwasher & gas stove. Landscaped yard has patio w stone covered built-in seating, grill and accent wall matching the stone exterior of the home. Attached 21 x 14 carport and 14 x 21 shop & paved parking for two more vehicles as well as a 10 x 12 storage bldg

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

The uniqueness of the property itself, as well as it's location. Cheap compared to closer to home, and rental rates.

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

MLS.

How did you finance this deal?

Short Term finance

How did you add value to the deal?

Turn key