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Updated about 4 years ago on .

User Stats

45
Posts
72
Votes
Louise Cornell
  • Wholesaler
  • Philadelphia
72
Votes |
45
Posts

Cash-flowing Germantown Rental!

Louise Cornell
  • Wholesaler
  • Philadelphia
Posted

Investment Info:

Single-family residence buy & hold investment in Philadelphia.

Purchase price: $95,000
Cash invested: $20,000

This Germantown property needed very light cosmetic work to be brought back to its former glory. Updated the kitchen and bathroom as well as some fresh coats of paint. It's a 3 bed 1 bath that is being rented for $1250/month. I love Germantown for the solid cash flow and appreciation, best of both worlds!

How did you finance this deal?

Financed with hard money.