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Jason Hartman's PropertyCast

Nov 6, 2019

This 4 bed, 2 bath, 2,272 square foot home, originally built in 1900, has a cost per square foot of $55. Fully renovated 2 unit dwelling with separate utilities. All new kitchens, baths, paint, flooring, carpet, windows, and mechanics. 1st-floor unit is 1 bed/1 bath, the 2nd-floor unit is 3 beds/1 bath.

Rent: $1,500 (1.20% RV)
Estimated Cash Flow: $299
Cash Flow based on estimated 25% down, 8% vacancy, 6% management fee, 8% maintenance.

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*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.