I recently came across the following listing (https://www.trulia.com/p/nj/mo...) and wanted to get your initial thoughts / mindset on how you would potentially analyze this property as a potential investment.From a high level perspective, these are the variable factors that I considered when crunching the numbers:- Purchase Price: $500K- 20% down / 30 year mortgage~6% interest rate (conservative rate)- ~$9,500 / year in property taxes - agent mentioned you could potentially collect a total of $4K / month in rent (one unit is currently being rented as month to month while the other is vacant), but let's use ~$3,800 to be conservative- so ballpark estimate of my monthly mortgage will be ~$3,500 and if I'm conservatively estimating a total of ~$3,800 a month in rental income leaving me with a net ~$300 / month- therefore my CAC for the year ($300 / month x 12 = $3,600 / initial cash outlay of ~$112K ($100K down + ~$12K in closing costs) = 2.5%I know there are other things I didn't consider such as vacancy rate, maintenance, and whether I would use a property manager which would all drive the return even lower but a 2.5% return doesn't seem like a good investment.Am I thinking about this the right way?

Forget not the Lord thy God, for it is He that giveth thee the power to get wealth."

And @Marco Petit-Bien - what are you saying about thi : Riviera , FL 33404 1310 Forest Ln,Riviera Beach, FL 33404Is it considered as the ghetto?

Tiffany T. Hi

Know thy limits.

Well as you can see, thy will find us.

In addition thy sent me an email prematurely announcing the lease start for the first applicant while they had not even paid the deposit.

The title was a little t...... Hi

I live in Eastwood and looking to close on my first SFH thi month (even more coincidences).

@John Thi Gross Rent Multipliers and Cap Rates do not identify if a property is profitable or not.