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House #3 | Condo

Cordova, TN

Neighborhood Type: B-

House #3 (Condo)

Cordova, TN

Neighborhood Type: B-

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This was my Third investment property. I felt, as that time, that I needed to have a challenge. This was my first purchase and rehab property & I bought this home Cash. This one was about working through my fear with a rehab investment. I originally put $99,000. Six months after I purchased this home, I went to the bank and financed out $82,500.

HOME:

3 Bed/2.5 Bath 1900 Square Feet

PURCHASED:

$62,000

REHAB:

$32,000

CURRENT VALUE:

$127,000

HOME:

3 Bed/2.5 Bath 1900 Square Feet

PURCHASED:

$62,000

REHAB:

$32,000

CURRENT VALUE:

$127,000

MONTHLY CASH FLOW:

$452

MONTHLY CASH FLOW:

$452

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