Tempe STR Sleeps 16 with Heated Pool

Tempe STR Sleeps 16 with Heated Pool

Investor · Ketchum, ID · Member since 2016 · 10 posts · 8 votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $670,000
Cash invested: $330,000

Short term rental, sleeps 16, heated pool & game room.

What made you interested in investing in this type of deal?

Low supply of 5br homes in the market

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

MLS

How did you finance this deal?

DSCR

How did you add value to the deal?

paint, wallpaper

What was the outcome?

Cashflowing property!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Agent: Jeremy Holden
Lender: Grand Schroeder w/Movement Mortgage

2Reply
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Most Popular Reply

Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
6mo

Sounds like a beautiful property!

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  • Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
    6mo

    Sounds like a beautiful property!

  • Grant SchroederPro Member
    Lender · OR ID AZ CA WA CO NV TN MT · Member since 2018 · 598 posts · 312 votes
    5mo
  • Jeremy HoldenBusiness Member
    Real Estate Agent · Scottsdale, AZ · Member since 2021 · 155 posts · 90 votes
    5mo

    Pleasure working with you in Tempe, AZ Colin. Looking forward you seeing you in Arizona on the golf course!

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