Project 5 - First SFH Rental

Project Details

Purchased: October 2020

Location: Indianapolis, IN

Property Type: SFH 

Strategy: Buy and Hold 

Purchase: $70K 

Repair Cost: $5.5K (new roof)

Refinancing: 75% LTV conventional  

Loan Terms: 30-year fixed at 3.5%%


This house was too cute to pass! Good location and on the path of progress. Selecting the right neighborhood certainly makes a huge difference on property value. In this case, the property value has nearly doubled in less than a year.  

NOI $6,025 * Cashflow: $3,196 * Cash on Cash: 16.6% * DSCR: 2.13

Back to past deals >>

Don't Be Left Behind On Future Deals!

Be the first to be updated whenever I have new properties that are available to invest in. These properties are available on a first come first serve basis.
2021 All Rights reserved | Sisterhood in real estate | Powered by kc web designz
chevron-downtext-align-center linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram