Average Cashflow per unit Newark NJ

[Jazmine Jones]

Hi BiggerPockets Fam!

What would you all say is the average cashflow per unit in Newark New Jersey? My first buy and hold property is cash flowing around $210 per unit after accounting for vacancy, repairs, and CapEx. My initial goal was to get $300 per unit moving forward, but the numbers seems to be leading me back to around $200. Please share your thoughts. Thanks!

[Ruel Baliong]

I’m very interested in getting MF’s in Newark since it does seem in high demand. Can you guys recommend which parts of Newark are best suited for buy and holds, ie, low taxes, and not a “war zone”. It’s no offense to anybody living in Newark, I just know not all parts of Newark are ideal. Who better to ask than those that actually invest there. Thanks