you just bought a 100K property....

[George Lekas]

Okay, let's say that you just plunked down 100K on some piece of property. As the professional investor that you are, what monthly cash flow figure would you find an acceptable return on that $100K? I asked that question at a REIA meeting in Chicago and was kind of surprised that most of the attendees there said they'd be happy with $150.00 a month in positive cash flow. I think that's too low. Any thoughts?

[Andrew O.]

$100k, pure cash deal? I would be looking to gross at least $1600. So I would be looking to cash flow $800 a month on an all cash $100k (50% for expenses) but would look to lower expenses.

Basically I know I can get at least 10% on my money, so I would want $800 at least a month, whichever way you use it.

Andrew

P.s this is a simplified answer.