Buying My First Property

[William Patsalis]

Over the past few years I've multiple books and listened to hours of the BP podcast to gain enough knowledge to start investing myself. I believe I'm in the analysis paralysis phase and I want to break out of it. I recently have come across a duplex in a small town. I know a good monthly cash flow number varies depending on the person but I'd love some advice on what you think of this deal. I'd be putting roughly 30k-35k into the property. It would cash flow $250 a month after I set aside money for CapEx, maintenance, vacancy, and lawn care. I was wondering if that amount is reasonable or too low. Most of the big ticket items are newer: roof, furnace, HWH. Thanks in advance for the advice!