Built 1924
Rehab $12,000 | Rented 9/15/15
Unit 1 829 s.f. 2 bd 1bth | $ 635/mo | $10,000 Rehab
Unit 2 560 s.f. 1bd 1bth | $ 400/mo | $2,000 Rehab
Monthly $ 1035
2 Homes on 1 Lot
The Numbers
Bought $ 51,500 | Rehab $ 12,000
Costs $ 63,500
Rent $ 1034 | $ 12420
Expenses $ 305 | $ 3662
Net $ 8,758 | $ 63,500 = 13.8% C/C