Purchase was made at a trustee’s sale in January 2012 for $72,000. An additional $300 was paid towards overdue HOA fees.

Investors spent $0 in renovations as a tenant was occupying the property and decided to continue to occupy. Rent came into effect at date of purchase.

Investors rented the home for $1,100 per month beginning in January 2012. After operating expenses and management fees, investors yield approximately $900 per month.