Picture perfect, cosmetic rehab in a class A neighborhood.

[Michael H.]

Investment Info:

Single-family residence buy & hold investment in Houston.

Purchase price: $130,000
Cash invested: $16,000

Bough off market, from my own marketing efforts. Used private funds. after refi, the left 16,000 in the deal.(including escrow funding)

Purchase price 130,000
PITI+A is $1213.10
Rent 1650
Appraised value, at refi 185,000
total cash out of pocket 16,000

classic paint and carpet rehab from a retiring landlord.