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Updated almost 4 years ago on . Most recent reply

Dylan Favazza's profile image
Dylan Favazza's profile image
Dylan Favazza
  • Investor
  • from Saint Louis, MO
  • Member since Jan 7, 2021
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Dylan Favazza's profile image
Dylan Favazza's profile image
Dylan Favazza
  • Investor
  • from Saint Louis, MO
  • Member since Jan 7, 2021
Connect
Dylan Favazza
  • Investor
  • Saint Louis, MO
5
Votes |
16
Posts
Real Estate Deal Analysis & Advice

First real estate purchase

Dylan Favazza
  • Investor
  • Saint Louis, MO
Posted

Investment Info:

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

Purchase price: $260,000
Cash invested: $75,000

4plex on Chippewa. Rents were ~$550 per unit when I came in and they will soon be north of $750. Probably paid a little too much for it, but will soon be at 12%+
My first ever property purchase!

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