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![shawngorham Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::82375539.png) Shawn Gorham [@shawngorham](/creator/twitter/shawngorham) on x 72.2K followers
Created: 2025-07-23 17:22:28 UTC

What if you could buy and hold it?

Purchase is $552k and ARV is $725k. 
It would need $25k to be rent ready. 

In theory you are picking up $148k in equity on the balance sheet

House will rent for $3200
BUT debt service is $3500+
Losing $XXX a month 

However there is a detechaed garage and a large yard. Perfect area for an ADU 

Lets say you spent $150k on a 600sq foot ADU, garage conversion + add XXX sq feet

It would rent for $2500

Now our gross rents are $3200+$2500= $5700

Basis is $727k
Debt Service is $5000
Rents are $5700

This is no money out of pocket

Now the debt is paying down, tax deduction, appreciation is all working in my favor and I created $200k+ in equity

But I am a house flipper and I need income - so we sell when we should be holding.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948071225752002897/c:line.svg)

**Related Topics**
[$150k](/topic/$150k)
[debt](/topic/debt)
[balance sheet](/topic/balance-sheet)
[$148k](/topic/$148k)
[$25k](/topic/$25k)
[$725k](/topic/$725k)
[$552k](/topic/$552k)

[Post Link](https://x.com/shawngorham/status/1948071225752002897)