4 Bed, 3 Bath Triplex
Turnkey Rental
We purchased this 4 bedroom, 3 bathroom triplex — 2 bed, 1 Bath; 1 bed, 1 Bath; and a studio apartment — in April 2025 for $160,000. This is a turnkey rental that already had tenants occupying it when we bought it. We partnered with an investor to execute this deal.
Financials
Purchase price: $160,000
Repairs: $5,000
Cash Invested: $49,705
Cash-on-cash return: 15%