Cashflow per $1million?

[Karma Senge]

Just wondering if someone could give me a general estimate of how much Cashflow I could expect from apartments that are in the $1 million range? I know you can't be very specific cause all deals are different, but just a base estimate.

Thanks

[Joel Owens]

Impossible to say really.

You have A,B,C,D locations and also A,B,C,D age of buildings. Then you also have buildings vacant, buildings half occupied need turn around, and fully performing buildings.

Each one will have different debt service for a loan. Your cash on cash will also vary based on LTV. Tons and tons of variables at play.