411 S 6th St.

Purchase Price
$250,000

About This Property

Summary

Closing Date: June, 2021

Purchase Price: $250,000

Disposition: September, 2022

Sale Price: $360,000

Market Position

There are 450 properties with up to 3 beds, 1.5 baths that do not have a pool or hot

tub. Among those we rank 50th for top line revenue in the past 12 months and 99th for annualized

revenue based on Average Daily Rate and Occupancy, putting us in the 88th and 78th percentile

respectively. You can view this report here

Cash Flow Details

I took no distributions from this property until disposition. I spent the year I owned it

positioning it to be sold. During the time I held it I spent approximately $5,000 in capital expenditures,

paid for with cash flow from the property. My payout was $113,780.05

Initial Investment (Down Payment, Closing Costs, Furnishing/décor): $33,000.

IRR Upon Disposition: 105%

Check Out The Listing Here

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