I am a nurse anesthetist, this is my first multifamily purchase, I enjoy traveling.
Address: Uptown Townhomes. 2010 E 148th Ave. Lutz, FL 33549
Number of Units: 24
Value Add Deal? Yes
Purchase Price: $3,700,000
Estimated monthly increase projected? $250/unit
Anticipated value after value add: $5,900,000
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 16%
Great for networking and education!
Off market deal from a broker.
Past investors with Dylan Marma
Property has a water treatment plant, had to get up to speed with these, had to go with a community bank because of this.
Pull in experts on areas you don’t know much about
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in Rod’s training and coaching. The participants shown are not paid for their stories.