That is a really low entry price for sure.

I was getting worried because I saw the rents in the winter were super low compared to what Rentometer spits out.

One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.

Go to the magnifying glass next to your profile image up top.

I'm holding onto this property for now because of appreciation and my low interest rate.I bought in 2023 on the East side of Indy, Class C $130,000 and $132,600.

If you want cashflow.. look for markets with low entry prices and higher rent averages.

@Nate Jenks - @Andrew Postell did a great job clarifying the big challenge you'd run into pulling cash out with such a low down payment. 

Pretty normal numbers for low income duplexes in Cleveland.

I'm keeping this property for the appreciation (in a high demand area with great schools) and low interest rate for now.  

@Guenevere F. you're going to need 20-25% down to get a mortgage.If you target $100k, that won't leave you any funds for closing cost, maintenance or emergency reserves.You could try targeting around $80k, but the $16k-$20k down payment would still not leave you with enough.If you buy under $80k, you're probably buying such a low-end property that it is unlikely to meet your performance expectations.