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The top of this page displays a Dashboard Summary of all of my key performance metrics. Scroll down for a detailed month-by-month account.
september 2019 update (+$1,779)
This property bounced back in typical Unicorn fashion! The unexpected vacancy ended up having very minimal impact, as I got the full security deposit back, there were zero repairs, and the property was re-rented at the same rate within a few weeks.
august 2019 update (-$660)
Tenant moved in on August 1st but I won’t start cash flowing until September due to paying for the tenant placement fee. I think I’ll be getting a security deposit back from the last tenant, as well, since they broke their lease early.
july 2019 update (-$694)
Trouble in paradise! I told you winter was coming.
There was a domestic dispute in the property, causing the family to leave very quickly. Good news is a new renter was found right away. Next month I’ll need to pay the tenant placement fee, then I should be back to positive in September.
june 2019 update (+$525)
Another month, no issues. However, winter is coming. I’ll just leave it at that for now.
May 2019 update (+$495)
This property is living up to its name in all aspects. I wish all properties would give me a 500% cash on cash return :)
april 2019 update (+$465)
march 2019 update (+$466)
No issues this month. My total cash flow ($1,806) has already surpassed my cash in the deal ($930) in only a few months. In other words, this property has already paid for itself. That’s what I’m talking about!
february 2019 update (+$193)
Some minor repairs but still cash flowing a few hundred this month. Carry on.
january 2019 update (+$458)
No issues for the Unicorn!
December 2018 update (+$719)
First update for my newest property - The Unicorn! I’m naming it this because it really was one of those deals that you search and search for, but seems impossible to find. On paper, it’s a huge winner with less than $1K in the deal, over $19K of forced appreciation/built-in equity, and good cash flow.
This is my 4th property in the last 12 months and it is literally right behind the Bat Cave.