Purchase price: $72,000 Cash invested: $107,600 Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

We paid cash and have no mortgage. 

Purchase price: $72,000 Cash invested: $107,600Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

You need to do a cost-benefit analysis to determine if it's worth it.  

My home is worth around 215k and I owe 127k.  

So my question is, if you were in my shoes, where would you start if you had $150 cash with good credit?

I would find a property that can provide you both.I used to aim for 8% cash on cash return + 4% appreciationGiven where the market is now, it is likely hard to find 8% cash-on cash and a 4% appreciation.I think 4% cash-on cash and 4% appreciation is do-able.

Or would you just use the cash flow from your old unit to make up difference?

I know I can get an insurance plan, but is it worth the headache?

However, it could also be a 4 plex worth $800K.