Whats your Cashflow Rule?

[David Zheng]

Hi all,

Just had a quick question on what everyone uses as a rule of thumb for rental cashflow?

just to make it simple... I'm talking about financed (20-25% down) 2-3 bedroom houses/condos that are in the 100-150k Range

What kind of cashflow after mortgage, interest, insurance, HOA fees, vacancy, repairs, etc etc. are you looking at per month?

$100 a door? $100 a person?

I know @Brandon Turner wants $100 a door, but after doing a lot of online browsing I see a lot of people requiring and being successful at hitting $500 a door on 100k houses.

Just taking a poll to see where I want to place myself

Thanks!