theCOTTAGE - USC Student Housing Opportunity

Investment Drivers

  • 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 the urban location.

results

  • 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 with 97% return on initial capital.
Purchase Date Purchase Price Total Investment Current Value Current Equity Total Return
February 2015 $490,000 $221,000 $850,000 $460,000 132%

Results as of March 2018 - Past performance and statements regarding earnings are no guarantee of future results.