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Updated over 2 years ago on . Most recent reply

Net cash flow per year.
Is it normal to make $3500 net income per single family house?
What I mean by that, is after everything taxes, vacancy repair ant etc.
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Quote from @Alex Moazeni:
Is it normal to make $3500 net income per single family house?
What I mean by that, is after everything taxes, vacancy repair ant etc.
Maybe "acceptable" would be a better term to use.
It depends on your goals. Many people are happy with $200 cashflow per month, $2,400 per year. How many houses would you need to replace your income or meet whatever goal you are trying to achieve?
Multi-family will get you there quicker. $200 per unit on a fourplex means $800 a month or $9,600 a year. On a 40-unit building it brings in $96,000 a year. Brandon talks quite often about scaling to accelerate your growth and reach goals quicker. Start with a house, then a fourplex, then a 12-unit, then a . . . you get the point.
If you develop a goal of what you are trying to achieve, it's easier to determine whether a property helps you achieve that goal or if you should keep looking.
- Nathan Gesner
