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Updated almost 7 years ago on . Most recent reply

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162
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Raymond Hill
  • Realtor
  • Pawtucket, RI
45
Votes |
162
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Cash Flow on Student Rentals

Raymond Hill
  • Realtor
  • Pawtucket, RI
Posted

Hello I am looking into student rentals around Providence College. I found a small ranch style 3 bed 1 bath potential cash flow of $200/month. 

What would you guys consider to be a good number to be at for a cash flowing property?

Most Popular Reply

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Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
2,132
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1,677
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Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
Replied

Cash flow for student rentals should typically be higher than normal, given there are more headaches to deal with along with more  wear and tear. I say this as an experienced student rental property owner and property manager specializing in student rentals. 

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