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Updated almost 2 years ago on . Most recent reply

Chris Cantu's profile image
Chris Cantu's profile image
Chris Cantu
  • Investor
  • from Corpus Christi, TX
  • Member since Jul 12, 2019
  • Posts 7
  • Votes 2
  • Experience 5 Yrs
  • Investments 4
Connect

User Stats

7
Posts
2
Votes
Chris Cantu's profile image
Chris Cantu's profile image
Chris Cantu
  • Investor
  • from Corpus Christi, TX
  • Member since Jul 12, 2019
  • Posts 7
  • Votes 2
  • Experience 5 Yrs
  • Investments 4
Connect
Chris Cantu
  • Investor
  • Corpus Christi, TX
2
Votes |
7
Posts
Real Estate Deal Analysis & Advice

Another rehab and refinance

Chris Cantu
  • Investor
  • Corpus Christi, TX
Posted

Investment Info:

Single-family residence buy & hold investment in Norwich.

Purchase price: $85,000
Cash invested: $35,000

Purchased cash back in 2021, rehabbed for around 35k. Appraised at 170K, Refinanced a 15yr and leased for $1450. Not a lot of cashflow on the 15 year cash out of 120K, but paydown is coming along quickly.

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