Townhouse, It’s a good investment?

[Fernando Rodriguez]

Sale price 65k, rent $800, VA 0% down payment, cash flow $200, cash flow w/factor $50 including property manager. Really slow area. Average price for similar Townhomes on the areas over 75k. A lot of properties on sales here in Enterprise, Alabama. I've been looking and studying different deals and they're al pretty much the same on cash flow.

[Matt K.]

Pass, slow area going to be a huge pain to get rid of it in the future.

And if you're doing VA .... It'll have to be your primary residence for a year or so. Generally speaking VA or similar 0/low down loans don't cashflow all that well if at all. Same goes with maintenance, those items are a percentage. Everything has a useful lifespan and replacement cost..come up with real numbers.

Laslty move away from percentage for items. There's no such thing as a 10% vacancy, what does that even mean.