My First Rental Property

[Dhanasekaran Ranganathan]

Investment Info:

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

Purchase price: $335,000
Cash invested: $90,450

My First Rental Property in Sacramento Area. Conventional loan with 25% down.

[Dhanasekaran Ranganathan]

It's a mix of both appreciation and cashflow. After bumping the rents to market rate, it will cashflow $150 a door. It is in Del Paso Heights. I just liked that the property is among the single family homes rather than a purely rental properties around. It was just the price range that decided where i looked and then on whether i liked the block/ property condition/ curb appeal.