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Updated about 21 hours ago on . Most recent reply

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Jeffrey Gant
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Is this a Good Long Term Deal e.g. 5 years?

Jeffrey Gant
Posted

I have a deal to purchase a property for 272K cash with ARV of 320K. My plan is to keep as a rental property. I've got a confirmed tenant for 2 years with projected Gross income of 24,000 per year. I'm estimating NOI of 10,600 per year for 5 yrs. I estimate appreciation at 3% per year. What is a good target or Cash on Cash Return?

  • Jeffrey Gant
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