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Updated almost 14 years ago on . Most recent reply

Michael Seutin's profile image
Michael Seutin's profile image
Michael Seutin
  • Real Estate Investor
  • from Vallejo, California
  • Member since Aug 8, 2009
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User Stats

120
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7
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Michael Seutin's profile image
Michael Seutin's profile image
Michael Seutin
  • Real Estate Investor
  • from Vallejo, California
  • Member since Aug 8, 2009
Connect
Michael Seutin
  • Real Estate Investor
  • Vallejo, CA
7
Votes |
120
Posts
Real Estate Deal Analysis & Advice

my latest deal

Michael Seutin
  • Real Estate Investor
  • Vallejo, CA
Posted

well after going from breaking even on my first 2 properties and making some positive cash flow on my 3rd, I feel like now I am on the righ track. I just closed on a duplex in Indianapolis:
purchased price: $11000
Rehab costs: $14000
Total costs: $24000
Rents: $600 on each side for a total of $1200 / month for the duplex

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