Purchased by a savvy investor from NY

This newly renovated 2 family in Newport KY was purchased by a New York investor for $100,000. The property is fully renovated and leased for $1,300/month and will provide the investor close to $400 per month in positve cashflow with a 75% LTV mortgage. The investor’s total investment will be under $30k and our experienced management team will provide long term quality property management.