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Updated over 5 years ago,
How Much Cash Flow??
I currently own 2 single family homes and they are renting great. I found a duplex I am interested in. Cash flow looks promising, but I want to know what YOU INVESTORS out there look for. What is the minimum cash flow for you to buy a deal??? This property I’m looking at pulls in $1,725 a month and after taxes, insurance, water bill, principle, and interest my payment will be between $900-$975 depending on how much I decide to put down. The duplex has been redone down to the studs literally, so there won’t be much maintenance.
What is your minimum cash flow you look for in a property? Also, does this sound like a good deal?