Is it worth it to invest in another property....?

[Mary M.]

Hi Friends - I am pondering a new investment. A small (6 unit) MF deal  ( in a market I am very familiar with) that will need financing and will ultimately cash flow  a small, but decent, amount.  I am not like most investors.  I like to have little leverage as I like to play it  safe - However I want to expand my investment portfolio and this deal is exactly the type of investment I like.....   Anyway.....This deal has me wondering: how do I decide if it is "worth it" ?   while i understand the answer will be different for each investor, I am wondering what questions I should be asking myself so I can come to a rational conclusion.  Asked differently I guess I could ask "once I make a decent amount of money, why should I invest and make more?? "

Is there a calculation I can do to tell me if the cash flow makes it "worth it"? ultimately if I go thru with this purchase I will be at about 28% LTV on all my assets...

I am not sure if this question even makes sense?  thank you in advance for helping me think this thru!