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Updated over 6 years ago,

User Stats

23
Posts
7
Votes
David Hammill
  • Rental Property Investor
  • Philadelphia, PA
7
Votes |
23
Posts

Deal Analysis; Cash on Cash ROI 17%. Cash flow $263. Worth it?

David Hammill
  • Rental Property Investor
  • Philadelphia, PA
Posted

Dear BiggerPockets Community,

I'm looking for advice on this. I'm paying retail price because I found it on the MLS. I will be seeing this property Wednesday. Not sure how much wiggle room there is from the seller but there is only one way to find out.

I don't need the cashflow because I have an excellent w2 income and would rather use the cashflow to pay down the mortgages faster.  With that being said there isn't much cash flow here.  When I ran the report on a 15 year it did not have any.

Grateful for your help,

David

View report

*This link comes directly from our calculators, based on information input by the member who posted.

@Jay Hinrichs

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