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Updated almost 5 years ago,
Would you add this to your portfolio?
*Property is in Cincinnati, OH. Any Biggerpocketers from this area who know the rental market rate, it would be greatly appreciated to hear your thoughts.*
Criteria:
1. Cash Flow: $100/unit/mo
2. ROI: >12%
3. Appreciation: >15% in 10 years
4. Monthly Rent: 1-2% of value of home
Where am I going wrong? What additional information should I include in this spreadsheet? If you double click in each cell it provides information on how these numbers were derived. The link is below. I look forward to a great discussion. Cheers! Thanks in advance.