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Old 12-09-2020, 05:54 PM   #29
joey2665
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Quote:
Originally Posted by Biggd View Post
They bought it in Feb for 715K after it was on the market for a while at 785K. Anything over a million is a great ROI for 10 months ownership. It was purchased as a rental, and it was rented all summer long.

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Could be purchasing as an investment property also and used a cap rate to arrive at the sale price.

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