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All Forum Posts by: Jeffrey Gant

Jeffrey Gant has started 1 posts and replied 4 times.

Post: Is this a Good Long Term Deal e.g. 5 years?

Jeffrey Gant
Posted
  • Posts 4
  • Votes 2

Thanks @Matthew Bernal appreciate the breakdown.  

Post: Is this a Good Long Term Deal e.g. 5 years?

Jeffrey Gant
Posted
  • Posts 4
  • Votes 2

Thank you all for the valuable feedback. I’m purchasing through my SDIRA, which will shelter the rental income. Appreciation remains a crucial factor in my decision.

Post: Is this a Good Long Term Deal e.g. 5 years?

Jeffrey Gant
Posted
  • Posts 4
  • Votes 2

Correction: A good target for Cash on Cash Return

Post: Is this a Good Long Term Deal e.g. 5 years?

Jeffrey Gant
Posted
  • Posts 4
  • Votes 2

I have a deal to purchase a property for 272K cash with ARV of 320K. My plan is to keep as a rental property. I've got a confirmed tenant for 2 years with projected Gross income of 24,000 per year. I'm estimating NOI of 10,600 per year for 5 yrs. I estimate appreciation at 3% per year. What is a good target or Cash on Cash Return?