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Updated about 5 years ago,
Cash flow (w/debt) questions for midwest market
Hello friends,
As we approach the end of the year, I'd like to evaluate my portfolio. I could really use some assistance as I'd like to compare my performance with what others are seeing in the midwest market to determine if any adjustments need made on my end.
My questions re: cash flow (w/leverage) are:
1.) Based off your experience, what calculation are you typically using for CF when making a final decision on a SFR? Be specific if you assume specific %'s of rent for expenses (e.g. 5% vacancy, 10% repairs, etc.).
2.) What's the average cash flow you see in the midwest (again, w/leverage)? What's the minimum you would accept?
3.) What % of your rent typically goes to your PITI?
Thank you in advance for any help! Super appreciated!
Disclaimer: I fully realize there's more to a deal than just a static calculation (CoC %, how much money you put down, time invested, condition of property, appreciation and value-add potential, etc., etc.). I am just trying to get a "general ball park"