Per Unit Expectations

[David O.]

Hi All, 

I am curious to hear your criteria surrounding expectations of cash flow per unit. I know this is a loaded question as there are a lot of variables / strategies. From a buy and hold perspective on a SFR in a B neighborhood do you expect $200 cash flow per unit?

When I factor in 8% vacancy, 6% cap ex, 6% maintenance/ repairs, property management, make ready/ tenant placement, taxes, and insurance I seem to typically come out with around $100 per month. 

I am on my way to 100 units and just want to know how many beers I can drink :-) (20k per month passive anyone?) .