1st Investment Property

[Salvatore Ross]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $420,000
Cash invested: $84,000

Short Term Rental 3 blocks from the beach in Panama City Beach, FL.

[Juan Barros]

Quote from @Salvatore Ross:

Quote from @Juan Barros:

congrats! I am new also and wanted to ask what is your plan? How much is the Piti and how much you plan to make a month? Short term rental? I would eventually like to own something by the beach.

Thanks Juan! I have it live on both AirBnb and VRBO as of this week and booked my first guest for this weekend. My PITI is $2950. This STR market fluctuates in seasonality, but I anticipate on making $70k gross and $20k net.

 Nice, thanks for the break down. Good luck with the business!