Cash flow on Waukesha WI Single Families?

[Daniel Hanson]

Hi all, i'm evaluating some potential rental purchases in Waukesha Wisconsin. Just curious what sort of cash flow for single families investors are actually seeing on properties they own. The SFH I evaluated and walked through today looked to be about $230 a month cash flow. Is that acceptable to local investors or would you shoot higher? Perhaps I am just spoiled by the higher cash flows and COCR's in Milwaukee? In this case it is a foreclosed 3-BR priced around 105,000.

[Brandon Stevens]

Doesnt sound terrible if you think your buying right and will have some nice equity in the home the day you close or with minimal repairs thereafter. Obviously the single family will be more apt to appreciate over time vs. the strictly cash flow properties in mke. Just a matter of what you are looking for.