High Equity or High Cash Flow?

[Gabriel J.]

I am caught between 3 different houses to purchase. One is a turnkey and has high equity but the rental market isn't that great so I wouldn't be able to have great cash flow. The other 2 needs about $35k in repairs, decent equity, and may be able to cashflow more. I can only do one right now, but I think I am stuck in Analysis Paralysis!

Here are some numbers based on zillow:

House 1: 2/1

Estimate $100,000

Purchase: $69900

Repairs: ~$5000

Rent: $750-$850

House 2: 2/1

Estimate:$100,000

Purchase: $40000

Repairs:$35000

Refinance: $82000

Rent: $800-$900

House 3: 2/1

Estimate:$75,000

Purchase: $20,000

Repairs:$35000

Refinance: $65000

Rent: $800-$900