How much does "age" of a property matter

[Robert Duffer]

Hi everyone,

A question as I enter into mt new exciting REI adventure. - In the REI community, if you find properties built in 1965 through 1970's and Cash on Cash Return is 10%-12% and cash-flow is $200 - $250...how much does build date matter? The context of my question is - the math works good today...but in say 10-12 years if I want to sell the property...will I be able to unload it? or will investors say -"Hmm...that property is too old" - or maybe they say that now - even with these numbers and the thoughts may be "buy something "newer" ...LOL - I don't know, I'm just starting out....any insight from anyone please?

Or maybe I'm missing something in my thought process in its entirety? Any thoughts?

In need of assistance/guidance,

Rob