SFH as a stepping stone

[John Blythe]

good christmas eve eve to everyone!

i'm very much interested in multi's. as of yet i've not found a good deal. some have come close on paper, but are too close for comfort when it comes to trying the numbers out in the real world.

i happened to run a SFH through an analyzer earlier, though, and it is screaming potential. 29.49% cash on cash return, 11.95% annual cap rate, and ~$245 in monthly cashflow. assuming it's not too good to be true, what are your thoughts on me following a deal that looks like a great deal even if it's not strictly in my ideal criteria?

thanks for any wisdom-

[Scott Weaner]

There can be great advantages to SFHs. One of the biggest is the ability to put ALL of the expenses on the tenant...all utilities, lawn care, snow removal. I currently have 4 Duplexes, but am looking at some SFH as we speak.