theCOTTAGE - USC Student Housing
|Purchase Date||Purchase Price||Total Investment||Total Return|
Results as of January 1, 2019 - Past performance and statements regarding earnings are no guarantee of future results.
Charming Craftsman-style duplex in need of major renovation and improvement. Front house with 4 bedrooms, and 1 bedroom back house.
Improving location near the USC campus.
Potential for high rental income from Millennial renters seeking an urban location.
Increased income from $1,450 to $5,400 per month.
Core renovation that included replacement of all major systems, including electrical and plumbing, installation of two new roofs, major repairs to the foundations, and all new interiors to both units
Refinancing completed in 2016
132% total return on initial capital