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Updated about 11 years ago on . Most recent reply

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788
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Rocky V.
  • Rental Property Investor
  • Arlington, TX
640
Votes |
788
Posts

#31 Rental - Cost $305

Rocky V.
  • Rental Property Investor
  • Arlington, TX
Posted

Financed this M/H on 1 acre with a private lender this week.  After all debits/credits I'm all in at $305.  Purchased this property for $42K Cash on 1/6/15 (including all fees), rehabbed for $2558 (including all holding costs and survey) and  financed at $46K on 3/4/15 with private lender for 15 years at 9%. 

P&I $466/month

Ins $65/month

Taxes $114/month

Rent $1,000/month

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