Turnkey Rental Properties

[Steven Zai]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $77,500
Cash invested: $15,500

SFH Turnkey Rental property

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

I wanted to increase my passive income

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

I found this via Martel turnkey on biggerpockets.com I negotiated via email by buying 2 properties at once.

How did you finance this deal?

Conventional

How did you add value to the deal?

None

What was the outcome?

Consistent cashflow

[Steven Zai]

Thanks everyone.  Feel free to reach out if you have any other questions!
@Jacob Repreza  

Net cashflow is ~$380/month after financing, taxes and management fees.  No major repairs so far or vacancy so far, but if there was one it would cut the cashflow significantly.  Maple Heights