Killer BRRRR Partnership

[Nacquata Bryson]

Property Details:

11 Property Bulk Sale (10 Duplexes & 1 4-plex)= 54K per property
24 Units in all= 25K per unit
Current Comps: 75K-110K

ALL RENTED
15 THOUSAND MONTHLY RENT
Taxes: 13k for all 11 properties per year
Renovation Cost: 40k over the next 5 years
Seller will pay inspection: 13k cost
High rental area: Tenants have rented for 2+ years

Reno Projection:
Hold and BRRR as tenants move
Raise rents every rental period.
Sell each property individually for market value

Financials:

Hard money lender secured 480k

Need partner with down payment 120k

I have renovation budget: 40k