Asking Price: $575kIncome:Gross Rent: $8000 (fully occupied)Laundry Income: $175P&I: $3225.53Vacancy: $817.50 (10%)CapEx: $408.75 (5%)Repairs: $817.50 (10%)Management: $800 (10%)Taxes: $416.67Garbage: $90Water/Sewer: $80Insurance: $672 (Replacement cost valued at about 900k)Misc: $355 (Pest Control/Lawn)This obviously doesn't make sense at asking, 6.6% ROI, ~$500 cashflow.

It also has a tile version which we will use for the laundry room of the flip.This is the laminate.https://www.lumberliquidators.com/ll/c/Boardwalk-O...The question is: should I use the same laminate in the two unit rental?

It’s only a matter of time before the Boston gig is washed up.

Pressure wash and paint.

Rehab cost is $42,500 which includes all cosmetics plus a new open floor plan Kitchen, Bedroom, Pantry, and Laundry. 

How was he able to swing this?

EVERY evening, wash and put away dishes.

Could someone help me out and message me the name of a really good re agent who really knows the Hagerstown and Washington County market? Thanks

The laundry room/gym reno is about to begin.All exterior projects are coming in under budget.Interior RenoIf you haven't seen the pictures yet, please click here.

Now that i’ve Purchased a car wash, they continue to grow my retirement account as the rent coming in is enough to buy another house about every 13-15 months