Yes it exists, but as the above poster mentioned, lots of hoops to jump through.

It’s cash flowing about $50/month after everything (PITI, flood insurance, home warranty, excess liability & termite protection) - if I got ride of termite it would cash flow $125.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

If you lose your source of primary income, do you have enough cash to make it through the crisis? 

@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.

Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.

These areas have good rental demand and opportunities to add value through light renovations.Build Your Team: Work with a realtor familiar with investment properties (like me!)

$400k equity is producing $1600/month cash flow for a return from the cash flow of 4.8%.  

Also at some point I want max cash flow and minimal risk to that cash flow.

@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.