If cashflow was the same, would prefer one or two triplexes?

[Alex Silang]

This is the question facing me. If I were to refinance (at 1.0% higher rate and larger loan), I'd have enough for a 2nd identical triplex. The additional cashflow of a 2nd property would be absorbed by the increased mortgage costs of the 1st property. Additional work would be minimal since I outsource management.

Of course, principal paydown and appreciation would ideally benefit from the bigger base on two properties