Outer Cape Year Round Rental

[Molly MacGregor]

Investment Info:

Single-family residence buy & hold investment in Eastham.

Purchase price: $189,000
Cash invested: $28,000

Improved a three-bed, two-bath single-family rental on the Cape Cod Rail Trail. In 2021, renovated with vinyl plank floors, cabinet faces, lighting fixtures, energy-efficient upgrades, and countertops.

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

There is a real demand for year-round housing in the area. There is more money to be made with short-term rentals, but the people who actually live and work here need nice places to live too.