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Updated over 3 years ago,
Collingdale Pennsylvania BRRRR Investment
Investment Info:
Single-family residence buy & hold investment in Collingdale.
Purchase price: $100,000
Cash invested: $40,000
Purchase: $100k
Est. Rent: $1300/mo
Rehab Budget: $40k
ARV Appraisal: $190k
The investor is going to fix this up a bit and rent it out for $1300 a month. He has multiple rentals in this area. This is in the Collingdale municipality which is one of the nicer sections of Darby.
There is a lot of room for appreciation and cashflow. This should be a perfect #brrrr in a couple years. I look forward to seeing the before an after of this one.