Student rental investment 4.

[Philip Breton]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $165,000
Cash invested: $30,000
Sale price: $235,000

3 bed detached, converted to 6 bedroom student rental.

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

Cashflow

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

Mls

How did you finance this deal?

20% down, conventional bank mortgage.

How did you add value to the deal?

Full Reno , added large egress windows, 3 bedrooms

What was the outcome?

Sold