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Updated over 11 years ago on . Most recent reply
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minimum cash flow per door per month
i know a lot of factors go into this, but what's your minimum monthly cash flow per month, per SFR?
my average was at around $500 actual, but with the prices rising as much as they have, i am getting below $200, which does not get me excited at all...
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Just a comment for Mike H. - Some areas of the state are excellent for RE, and doing well right now for cash flow. The whole state gets painted in a negative light by the national media, which is a shame for those of us that live here. While I wouldn't jump for joy at $200/mo, that's not the only game in town by any means.
Around here, beating the 2% rule isn't too tough, and that's nice in comparison to other areas.
Sorry... I have to stick up for the state sometimes.