Cash on Cash 4.5% (to jump / to run)

[Larkin L Adey]

Another deal, another day.

SFR 3/2/2car Nice neighborhood.

Rents 2000 Net, Net, Net 205/Mo

Cash on Cash 4.5%

55k down

BRRR and take the beating of double finance fees,or leave the cash in and hold the equity.

Or try and flip quick for a possible 15k profit.

This one could go any which way. Thoughts?

- Larkin

[Justin Hannah]

hmmm, well 4.5% seems low.  if you brrrr then seems like the cash flow will be slim especially for a single family. one long vacancy or even small repair will wipe out your profits. On the other hand 15k profit flip is like 27% return on that 55k.  im usually a buy and hold guy but id say get the 15k if you can...