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Updated over 9 years ago,

User Stats

7
Posts
3
Votes
Serdar Umur
  • Investor
  • Cos Cob, CT
3
Votes |
7
Posts

What is a good positive cash flow per unit for income property?

Serdar Umur
  • Investor
  • Cos Cob, CT
Posted

Hey there,

I am new to RE investing and bigger pockets. So thank you very much for your help. 

I researched this a bit but couldn't find a good answer.  I am trying to start this business in Southern CT. 

So, I have been looking at properties and they have been fitting the bill sometimes that they are witin 2% rule or close, they have potential.

I have been looking at single families or up to 4 units and I realized that sometimes single families have better cash flow than 3 or 4 units although single family is more expensive.

For example, $150k single family with $2,500 positive income vs. 3 units for $125K and $2,350 income. Numbers wise multi-unit makes more sense but when you consider that you need to deal with 3 tenants vs. 1, I am not sure if it still makes sense. 

Is there a rulle of thumb what an income per tenant that you need to deal with should be? 

Your help is much appreciated.

Thank you,

Serdar 

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