Long-term Rental - Deal Overview

Source: On market. Worked with realtor to purchase. Purchased in 2020 for $115,000.

Financing: Conventional. 20% down. Loan amount $86,250.00. 4.5% interest. 5 Year Index. Monthly mortgage - $547.65.

Improvements: $0.

Strategy: Buy & Hold.

Due diligence: Full inspection.

Outcome: Sold November 2021 for $160,000 cash.