Great Little BRRRR
If anyone is looking for a doorway into the BRRRR world. This is a great small project in a great school district with lots of parking and walkable to lots of stores, shops, parks, etc.
Numbers are:
95k purchase
60k rent ready rehab
230k ARV
Rent is 1800/month. a 75% DSCR refi would equate to a 172,500 loan amount which allows for a 100% recoupment of capital plus a cash out of about 17,500 at the refi table while still being cash flow positive every month.
Below is the market, property, rental analysis:
https://present.cbmoxi.com//service/cma/presentation/web/ca0...
If interested you can reach out to me at:
267 251 7649
[email protected]
Offering