Your opinion on most recent single family rental deal

[Chris Eidson]

Love to see your thoughts on this deal:

1. All cash (I know many of you won't like that, but I like to be conservative on my passive investments)

2. All in $66k (31k rehab, so I get to offset gains for several years)-all new HVAC, roof, etc.

3. ARV $72K

3. Already rented prior to finish $725/mo. with prop management company

4. Expenses:

Insurance $50/mo

Taxes $70/mo

Prop Mgmt $73/mo

Monthly Cash flow $533 ($6396 annual)

Vacancy/Maintenance (15%) $109/mo

Monthly Net Income $424 ($5088/annual)

Cash on Cash return 9.7% 

[Derek Sperzel]

@Chris Eidson, glad I could help!  We're all here to learn and try to get better.