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Updated over 9 years ago,
First time buyer
I am looking at a 2 family with 1 bed 1 bath in each. I am curious where my net profits should be at the end of the year. The cash on cash is 25% net profit is 5500 a year. Should I be looking for better returns? Purchase price is 115000. 20 percent down. Landlord pays water and sewer and a landlord electric bill.