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Updated about 4 years ago on .

User Stats

17
Posts
11
Votes
Matthew Radniecki
  • Accountant
  • Brainerd, MN
11
Votes |
17
Posts

Single family medium renovation

Matthew Radniecki
  • Accountant
  • Brainerd, MN
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $110,500
Cash invested: $25,000

Single family home with medium rehab. Typical BRRRR. Cash flow about breaks even due to such a high post-rehab appraisal and maxed out refi on high appraisal. But we opted for higher cash out and break even on payments rather than lower cash out and positive monthly cash flow.