258 N. Main Street – Troy, NH

Strategic Narrative

We acquired this 2-family property with 6 additional acres in a rural yet accessible location. The property was bought off-market for a deep discount, offering:

•  Immediate equity
• Under-market rents with upside potential
• Significant development opportunity (land split or additional builds)

 

What We’ve Done

• No renovations yet
• Fully tenant-occupied at time of purchase
• Planning strategic improvements and refinance

   

 

Results & Key Takeaway

• $75K equity created at close
• 61% rent increase projected within first month
• Path to value-add through land utilization

💡 Lesson: Off-market deals with land upside provide unbeatable ROI potential.

Investment Snapshot

Strategy:

Buy & Hold with Expansion

Plan:

Subdivide or develop the 6-acre lot

CapEx Invested:

$0

Instant Equity Created:

$75,000 on day one

Rent Performance

Refi Plan:

Cash-out refinance at 75% LTV

Unit	At Purchase	Pro Forma Rent
Unit 1	$1,000	$1,450
Unit 2	$800	$1,450
Total	$1,800/month	$2,900/month (+61%)

2-Family Residential + 6 Acres of Land

October 2025 for $225,000

$300,000

Purchased all-cash, planning 75% LTV refinance