Barrygate
IRR: Unlimited!
Purchase Price: $62000
Rehab: $20,000
ARV: $110,000
Monthly Rent: $1100
PITI: $521.56
Monthly Net Cash Flow: $578.44
Strategy: Rehab, Refi, Rent
After the refinance the investors cashed out all the money they had invested. Unlimited return on their investment!
Lee St
COC:
31%
Purchase Price: $83000
Rehab: $6,000
Seller Contribution: $6000
ARV: $90,000
Monthly Rent: $775
PITI: $285.15
Monthly Net Cash Flow: $489.85
Strategy: 20% down, Rehab, Rent
The investor had the owner pay for the rehab costs. Since the purchase of this property in Aug. of 2005, the market value has increased to $135,000!
Eslava
IRR: Unlimited!
Purchase Price: $35000
Rehab: $11,000
ARV: $74,000
Monthly Rent: $595
PITI: $242.95
Monthly Net Cash Flow: $352.05
Strategy: Rehab, Refi, Rent
After the refinance the investors cashed out all the money they had invested. Unlimited return on their investment!
Rickarby
COC: 51.5%
Purchase Price: $40,000
Rehab: $0
ARV: $55,000
Monthly Rent: $605
PITI: $189.60
Monthly Net Cash Flow: $415.40
Strategy: 20% Down, Rent
This property was purchased with an existing tenant. No vacancy!