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12
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5
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Mike Klingshirn
  • Rental Property Investor
  • Sumter, SC
5
Votes |
12
Posts

First deal! SC SFH and renovations

Mike Klingshirn
  • Rental Property Investor
  • Sumter, SC
Posted

So here it is. First deal in the works. We closed on a 2/1.5 SFH in Sumter SC. We wrapped renovations into the purchase. I am hoping for $200 a month in cash flow, but 130-160 seems more reasonable. $200 would be about 11% cash on cash. The appraisal listed it as a 3/1.5.

No real discussion questions here. I just wanted to make my first post. Thanks for all the help

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