Modern Dream Loft

6 Bedroom / 3 Bathroom Multi-Family ->Converted to 8 bedroom 3 bathroom
Purchase Price: $589,000
Monthly Cashflow ~ 13k-16k
Unit 1 - STR 3k-5k
Unit 2- MTR/LTR 5k
Unit 3- MTR/LTR 6k

Property Summary

Launch Costs

Category 
Expenses
Closing Costs     $87,234
Renovations      $24,938
Furnishing  $18,098
Pre-Launch Costs $2,637

 

Work performed

As the property was recently fully renovated prior to purchase, it did not require any additional work on our end.

The main thing we’ve done was just add a washer and dryer hookup, as the apartment did not have that prior.

Timeline​

This property was furnished and ready to go within 3 months.

Get involved

If you’re looking to launch your own short-term rental properties or want to be involved in larger syndications that we organize, reach out and let’s set up a chat.