MidwestLandlord
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- Dec 6, 2016
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$84,250 down.
$700 monthly cash flow X 12 months = 9.97% cash on cash return.
That's assuming no vacancy.
8.3% cash on cash return with 2 months vacancy. ($700 X 10)
Decent numbers. Not great numbers though honestly. And as others have said, a single family home is more susceptible to cash flow issues.
With those numbers, is your $84k working as hard for you as it could be? (opportunity costs)
Your post is pretty vague. Is there a specific concern here?
$700 monthly cash flow X 12 months = 9.97% cash on cash return.
That's assuming no vacancy.
8.3% cash on cash return with 2 months vacancy. ($700 X 10)
Decent numbers. Not great numbers though honestly. And as others have said, a single family home is more susceptible to cash flow issues.
With those numbers, is your $84k working as hard for you as it could be? (opportunity costs)
Your post is pretty vague. Is there a specific concern here?