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Subject-to MTR #4

2/18/23 - Present

Purchase price: $450,000

Cash invested: $58,286

$2,000 to seller + $13,500 finders fee + $10,589 furnish one side + $32,197 rehab

Monthly cashflow: Break-even currently

Expected CoC after MTR both sides: 20.58%

Property #4 by accident, came across past team client that didn't ever finish renovation + rent out the units. Picked it up and finished renovation/launched airbnb two months later.

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