Occupied or Vacant

[Arthur Banks]

I've loosely run the numbers on a few properties that I'll be going to take a closer look this weekend. Today I found out a few are occupied. Assuming my numbers are pretty accurate, my question is would you take a deal that was occupied but cash flowed a little less than a vacant property.

Here are some numbers on 2:

Occupied: $627 cash flow ROI: 33.23% 2% rule: 2.76%

Vacant: $692 cash flow ROI: 34.63% 2% rule: 2.64%

Again these are VERY loose as I have to verify repairs, owner utility responsibility and that cost.

Oh, let me throw this in (not sure if it matters)

The Occupied has been on market 201 days.

The Vacant has been on 81 days and is REO