Rents Only Cover Mortgage

[Stefan Gray]

Hello bigger pockets community. After months of searching for a Duplex, I've finally found one. I plan on living in one unit and renting out the other eventually moving out and renting both units. Total income from both units is $2,700 but the mortgage is $2,600. I have about $10K in reserves. I am anticipating it to take a few years before the property will be able to cover (vacancy reserves, repairs, cap ex, property management etc). I'm anticipating 10 years before it will cash flow. This will be my first investment property. I plan on purchasing more in the years to come that have more favorable margins. What are you alls thoughts for a first time property?