3 Bed, 1 Bath Single Family Home
Purchase Price: $56,000
Repairs: $33,305
Total cash invested: $11,450
Projected Cash-on-Cash Return: 0%
Buy, Rehab, Rent, Refinance
We purchased a 3 bedroom, 1 bathroom single family home in October 2024 for $56,000. The property was rented when we purchased it. We rehabbed it, rented it out, and will refinance it in Spring of 2026. We used our own equity and bank financing to pay for this deal. The property is currently breaking-even as we rent it out.