Buy & Hold property-yes/no for cash flow?

[James Wesley]

First time multi-family investor here. Using the Rental Property Calculator But having a hard time reconciling the number since I keep coming up with negative cash flow regardless of how I update the numbers. Thoughts on this Dallas duplex in great area?

$659k list price

$4100 in current rents..close to average. 

I'd put 25% down with 5% loan.

Thanks!

James

[Thomas S.]

On the surface you will need $6K per month minimum to get positive cash flow from a property in that price range.

Your numbers don't work because they can not work. This property is best suited for someone with deep pockets simply looking to park cash with no concern for making money. Best suited for faith investors if it is in a high appreciation markets.