El Dorado Hills, California rental

[Chris Fernandez]

Investment Info:

Single-family residence buy & hold investment in El Dorado Hills.

Purchase price: $367,000
Cash invested: $25,000

I purchased this home with the intention of remodeling and renting out, which I have done for the last few years now.

How did you add value to the deal?

I remodeled 80 percent of the house before renting it out. Which I have had over 80 applications the 2 times I’ve had to look for new tenants.

What was the outcome?

Positive monthly cash flow.