
Buy & Hold | Jul 2014 – Present
Single-family residence – 1073 Ivy Road, Memphis, TN, 38117
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Purchase price: $129,000.00
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Cash invested: $6,450.00
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Monthly cashflow: $572.00
I bought this home in 2014 after graduating from college. I house hacked with 2 roommates and only paid a couple of hundred dollars per month. I refinanced in 2021 for $195,000 receiving $89,228.21 in cash back! I used this cash to fund several other real estate projects and today it’s renting for $1,800 per month. The current Zestimate is $268,000.