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Updated almost 4 years ago,
Found on the MLS in Phoenix
It seems foreign that you're supposed to be able to find deals on MLS, which makes me think I'm missing something here: https://www.biggerpockets.com/analysis/rentals/d8b0ee91-b375-497c-89ed-63e39e429dcd.
I'm able to find 1-2 deals a day similar to this.
I budgeted 10% each for maintenance, vacancy, and capex - which seems like it might even be a little conservative. I plan to self manage and have tenants pay all utilities.
$347/mo in cashflow, 8.5% COC isn't incredible, but it's a fine base hit - right?