Your return would be 9.6%.

The home sold for $154,900 on 2/7/25, yielding a solid return on investment.

Many of these properties are undervalued and can provide great returns once you establish solid tenants.I'd be happy to guide you through your options, whether you're interested in house hacking or building an investment portfolio. 

I don't want to over leverage my properties especially with interest rates this high, it will eliminate cash flow.

Its much harder to turn a property around in 6 months expecting to have 100% of your money returned back to you - but if you focus on the right property focusing on highest and best use with an ADU add (like mentioned), in-fill/lot split, or other rehabs - then hopefully a semi-decent property like that will perform like a champ in a few years. 

Hello, BiggerPockets Community!My name is Sidney Mossiah, and I’m excited to be here! I’m currently working towards getting my real estate license with a focus on helping investors buy 2-3 properties a month. As I bui...

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

We would take this house in return for a 500k property that is NNN leased.  

Unlike Robert K and many on this site, I judge a property based on total return.  

Tyler, if you want to send me over your email, I will put into my 30 yr proforma and calculate the PITI and show your returns.