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Updated about 9 years ago on . Most recent reply
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Cashflow in houston expected per $50,000 investment
hi bigger pockets I am new and live in houston texas. I was wondering for those of you that are in houston what type of monthly cashflow can be expected when purchasing a sfr in houston. I will have about 50000 to invest and am wondering what type of rental would earn the best return per month. My goal is to slowly over time build up to about 5,000 per month in cash flow, thanks for any advice you can give
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There isn't straight "you will make $XX with a $50,000 Investment" .... There are too many variables.
Will you pay cash for a $50,000 property?
Will you buy two properties with a $25,000 down payment each?
Will you buy one property and use the majority of the $50,000 for a down payment?
All of these scenarios will probably have different cash flow numbers.
jeff