But is the issue that the 100k you're describing isn't gross rents, its gross revenue?

Quote from @Debra Gross: Getting ready to buy my first property all cash in my LLC.

Ninth rental check in the bank: $750 gross rent - $75 management fee = $675 in my account.No maintenance expenses for December.

One, which is often for the more aggressive in cash-flow, presses sub $200k and $2k+ rents. best deal-done in this regard of recent was right at the $200k mark and $3,250 gross mnthly rents. 

Fully occupied, the property grosses $5,570/month with $4690 net profit after expenses.

Risk of future inflation, and projections of gross domestic product.

That said, I personally don't think $22K/yr gross x 6 separate dwellings are good numbers for an $800,000 investment, not to mention costs for furnishings and such.

@Aaron Raffaelli we call all the cities that touch Detroit, the Ring Cities - except the Grosse Pts.These cities are mostly Class B and are solid rentals.Detroit overall has gentrified to Class C, but at least a third of the city is Class D still.Check out the interactive map on our website and watch for whats coming...

Did you have any ratios or % gross revenue costs to just get some guidelines on whether the property makes sense as an str? 

3-year PPPs are usually reasonably priced while also shaving off those extra 2 years...if you drop below 3, rate/cost can get a little gross.