How much we made selling 16 units 😱 #realestate #appreciation #rentals #cashflow #investing
Summary
AI-generatedThis video breaks down the financial performance of a 16-unit rental portfolio, detailing the purchase price, renovation costs, closing fees, and final profit upon sale. It highlights the power of leverage and the importance of accounting for all expenses when calculating a 135% return on investment.
Key insights
Holding a 'free and clear' property (one with no mortgage) after a portfolio sale can provide a stable monthly cash flow baseline; in this case, $800 per month from a $60,000 property.
Mistakes to avoid
Failing to account for 'closing costs on the exit' (the cost to sell), which in this case was $43,900, nearly double the entry closing costs.
Tools & resources
Sean Pan Real Estate Bootcampcourse
The hosts are launching a live bootcamp focused on scaling real estate portfolios.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial