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Updated about 12 hours ago,

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3
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2
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Daniel Baker
2
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3
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Considerations when selling.

Daniel Baker
Posted

Hello everyone, 

Looking to get a little insight into what things I should take into account when selling a property. Short version... I have owned this property for 8 years, 7 as a rental property. Monthly cash flow is positive. There is an offer to buy but if I include everything I've spent over the years, mortgage P&I, taxes, insurance, HOA, and recent repairs, I will just break even. How much net profit in general should I look for on a long term buy and hold rental property like this? Thanks in advance, look forward to being a part of the BiggerPockets community. DB