All Forum Posts by: Account Closed

We closed on a house in the DMV area at 403,000 with 20% down back in march, 2020. The house has gone up in value by almost 80k since than and the net positive cashflow is $760 per month IRR is almost 19%. The cash on cash return is 11.25%. If you can put 20% down in the DMV area it is possible to get positive cash flowing properties.

@John Mckee. Very smart points. 

@Nicholas L. I have 60k in cash.

Hello, i am in the DMV area and i am looking for cashflowing rentals. I am new to investing. Is it possible to find a rental in the dmv area with a cashflow of $800 or above.