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Updated about 3 years ago on . Most recent reply
Cash Flowing Out of State
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $167,500
Cash invested: $55,875
Purchased this duplex, originally a four-plex, out of state for my first investment. Primarily looking for cash flow and as turn-key as possible. After a roller coaster of a closing, we secured it with some equity. Flew back to the property to turn a unit, invested about 14k in capx which should bring the rent up about $900.
Cash on Cash will be close to 30% first year.
Most Popular Reply
Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
Congrats on this investment @Adrian Sparling !
- Dmitriy Fomichenko
- (949) 228-9393
Sense Financial Services LLC
166 Reviews
4.9 stars