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Updated over 6 years ago,

User Stats

676
Posts
550
Votes
Axel Meierhoefer
Pro Member
  • Rental Property Investor
  • Escondido, CA
550
Votes |
676
Posts

How valuable is a new build home to a buy&hold investor?

Axel Meierhoefer
Pro Member
  • Rental Property Investor
  • Escondido, CA
Posted

I am about to invest into a brand new build property in Mississippi. The cash flow has been reduced a bit by the recent interest rate hikes, but it is still about 7% return . I'ts a turnkey deal in a B+ neighborhood. I was offered other, older, renovated properties with slightly more cashflow. Now I wonder how much it should be worth to me that it is brand new and should have everything pretty much under warranty and not require any major repairs in the first 4-5 years. Following Brandon's advice I like to see $200/month cashflow on SFR. This is slight less. What do you think, is the fact that it's new enough of an offset?

  • Axel Meierhoefer
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