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Updated about 5 years ago on .

User Stats

6
Posts
6
Votes
Matthew Walker
  • Rental Property Investor
  • San Jose, Ca
6
Votes |
6
Posts

Retirement Home with a pay down you can't pass up

Matthew Walker
  • Rental Property Investor
  • San Jose, Ca
Posted

Investment Info:

Single-family residence buy & hold investment in El Dorado Hills.

Purchase price: $637,000
Cash invested: $128,000

This is a lovely single-family 4 bed, 3.5 bath, 3085 sqft home located within a fairly new area of El Dorado Hills, Ca. This area is exploding with new homes and the market is thriving. Not to mention the outstanding school ratings (nearly incomparable to the national average for public schooling).

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

This particular deal is a little different from your normal investment as it's intent is to be rented until my family and I are ready to fill it's walls with our own photos and it's floors with my son's never ending accumulation of toys.