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Updated over 10 years ago,
What is the cash per door or cash per unit that you get
Hi there - still looking to close on my first multi family rental property. I have been focusing on 2,3,4 units places in the Hudson Valley area of NY state. The question i have is what the cashflow per unit you are getting on your investments?
For the places i have been considering, after expenses and mortgage payments, i am looking at around $150 - $190 per unit per month. Curious as to what other investors are seeing?
Also - i listened to a recent podcast on BP with Brie Schmidt and i was blown away that she is getting $400 to $500 per unit on all of her units! It made me think did i misunderstand that quote in the podcast; or are my deals just nowhere near as good as what others are seeing.