Purchase was made at a trustee’s sale in June 2012 for $52,000. An additional $2,500 was paid towards overdue HOA fees.

Investors spent $10,000 in renovations on updated kitchen, new limestone tiles, new carpets throughout, new appliances, new garage door, and new paint.

Investors rented the home for $850 per month beginning in April 2012. After operating expenses and management fees, investors yield approximately $600 per month.