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Updated almost 5 years ago on . Most recent reply

User Stats

33
Posts
8
Votes
Michael Giaquinto
  • Brooklyn, NY
8
Votes |
33
Posts

Analyzing a first potential deal

Michael Giaquinto
  • Brooklyn, NY
Posted

So I have analyzed this rental property and think it will cash flow at least 100 dollars if i get it for this price. What do you think? 

1 bed 1 bath co-op  

Most Popular Reply

User Stats

35
Posts
23
Votes
Jared Maches
  • New to Real Estate
  • Connecticut
23
Votes |
35
Posts
Jared Maches
  • New to Real Estate
  • Connecticut
Replied

Hello Michael,

What do you plan on doing with this property? Buy and Hold? If so, cash flowing only $100 a month I believe is not worth the investment. I think you should go analyze more deals in the area you're looking in for a higher amount of cash flow a month. 

Best of luck!

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