Buy and Hold Numbers:
Purchase price: $29,500
Rehab: $20,000
Operating expenses: $3,020
Vacancies/maintenance: $3,060
Rental Income: $1,700 per month, $20,400 peryear
Net cash: $14,320
Cash on return on 26 percent
The first one with a signed contract and $2,500 earnest money gets the deal
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