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Updated over 6 years ago,

Kevin Sack's profile image
Kevin Sack's profile image
Kevin Sack
  • Rental Property Investor
  • from Clovis, NM
  • Member since Jul 2, 2018
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User Stats

118
Posts
54
Votes
Kevin Sack's profile image
Kevin Sack's profile image
Kevin Sack
  • Rental Property Investor
  • from Clovis, NM
  • Member since Jul 2, 2018
Connect
Kevin Sack
  • Rental Property Investor
  • Clovis, NM
54
Votes |
118
Posts
Norfolk Real Estate Forum

Cash Per Door Expectations

Kevin Sack
  • Rental Property Investor
  • Clovis, NM
Posted

I am actively seeking my first multifamily deal in the Norfolk/Portsmouth area. Am I off base for trying to get $150/door net cash flow on a quad that rents 700/month? That tends to put me at 80-85% of most asking prices with all my expenses and 20% down conventional financing.

Kevin

Norfolk, Virginia
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