Wisconsin Triplex $587 cashflow/mo

6 Replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $80,000
Cash invested: $16,000

Contributors:
@Jared Freye , @Joseph Ziolkowski

This was an awesome MLS deal that we couldn't pass up!

After considering 25% expenses and $70 for water/sewer, we cashflow $587

How did you find this deal and how did you negotiate it?

This was an MLS deal and we paid asking price because it exceeded our numbers.

How did you finance this deal?

We put 20% down out of pocket

@Eric Schmid

Nicely done Eric!

I myself would like to start investing out of state. Is there anything you recommend I start doing before I even travel down this path?

Any help is appreciated.

Thanks

Jim

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