[Calc Review] Single Family Townhome- Northern Virginia buy/hold

[Lou LaMedica]

I am looking at this as a long term buy and hold investment with a 15-year mortgage in Northern Virginia. I think it is interesting that although there is negative ROI for the first five years, the returns look pretty good from there on out. View report

*This link comes directly from our calculators, based on information input by the member who posted.

[Ed Moran]

@Lou LaMedica Hi Lou. Disclaimer I'm fairly new to RE investing but have been deep into analyzing deals and asking many questions on this exact use case. I too considered buying properties in cash or in 15 years. However if you are planning to have these as buy and hold and looking to leverage your capital to scale then your capital will be tied up into paying off these loans vs acquiring more RE. I have turned to buying property that has a high COC return that will cover expenses including debt coverage. IMHO do 30 years and let the income pay for the loan - you can always refi to capture your appreciation and payoff the loan commensurate to your exit strategy.