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Updated over 6 years ago,
Deal Analysis; Cash on Cash ROI 17%. Cash flow $263. Worth it?
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
*This link comes directly from our calculators, based on information input by the member who posted.