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Updated over 9 years ago,

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1
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0
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NA Sho
  • Investor
  • Portland, OR
0
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1
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First rental is getting $400 positive cashflow - how did I do?

NA Sho
  • Investor
  • Portland, OR
Posted

Hello! I'm new and excited to have found Bigger Pockets, so far I'm enjoying reading all the content and learning a lot. I come from a background where my parents have always owned rental properties (~20), so I know a bit about the process and managing rentals. However, I just purchased my first rental and I'm curious how to analyze and compare my investment vs. a "good" investment. The house price was $360k and I just rented it with it bringing in $400 of positive cashflow per month. Can anyone give me a guideline of how this stacks up? Good/bad/average?

Thanks in advance!

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