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Updated about 6 years ago,
Too little cashflow?
How much cashflow are you ok with?
I am looking at a property duplex that would cashflow about 6k a year after piti and reserves (vacancy, capex and maintenance). Would be about 4k if I included property management but I plan to self manage.
It would have enough equity to brrr it and would then cashflow only about 4K a year less with property management.
Is this deal too light?