4 Bedroom / 3 Bathroom Multi-Family -> Converted to 10 bedroom 4 bathroom
Purchase Price: $670,000
1.9% Down payment using a FHA loan with the closing costs dumped into the mortgage
~ 40K cash to close
~15k/month cashflow after all expenses
Category | Expenses |
Closing Costs | $39,635 |
Renovations | $106,230 |
Furnishing | $22,098 |
Pre-Launch Costs | $2,637 |
This property was furnished and ready to go within 5 months.
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.