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Updated over 4 years ago on .
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Another Property added to my Inventory
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.
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
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