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Updated almost 5 years ago,

User Stats

3
Posts
0
Votes
Reese Donohue
  • Pearl River, NY
0
Votes |
3
Posts

45% return unrealistic?

Reese Donohue
  • Pearl River, NY
Posted

sounds crazy but here are my numbers

Say you find a single family for 200k in a c class neighborhood with a 9 cap rate

 purchase price- 200k

cap rate- 9

80/20 financing, 40k down

streams of return

appreciation (3%)- 6k

rental income - 9k (18k-9k loan payments)

loan paydown- 3k

total return- 18k

roi- 45%

Why wouldnt everyone be all over this?

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