What’s your cashflow?

[Douglas Pollock]

@Brandon Turner on a few podcasts mentioned a minimum standard for SFR cashflow. More is certainly better, but he used $100 as an example of what he needed for monthly cash flow from a property. For the buy and hold folks, I’m wondering what you are actually able to achieve in you areas. What’s your cashflow on your average SFR unit in 2018? I have one rental that is almost completely paid off, and would like to compare its cashflow against what other newer investors are able to achieve. I’d also like to hear what the more seasoned investors are achieving so we can compare.

[Dan Barli]

Hi @Douglas Pollock every deal is different and each market is different. For example, if you are in a more expensive market, your minimum net may be $500, but if you are investing in the midwest/south, you can decide to use $150 or $200 per door. I always aim for $200 net per door. Some of my properties generate over $300 and some are just under the $200, but when I started out, that was my number.