You may want to double check your numbers, with my calculations and your assumptions, this property does not positively cash flow per month.

It is a screening question for some properties because people often see the location of the property and make assumptions, they call and have RVs, boats, etc. they want to store onsite.Growing up we had a lot of vehicles on our property between us and  the upstairs tenants.

Here's an example of an analysis of a $170000 townhouse that rents for $1700:Purchase price = $170000Closing costs (5%) = $8500Pre-rent holding costs = $1200Rehab/ Repair costs = $5000TOTAL COST OF PROJECT = $184700Down payment (25%) = $42500Loan = $127500Investment = Total cost of project - Loan = $57200Rent = $1700Mortgage (30 year fixed at 3,62%) = $581Property management (10%) = $170Maintenance and repair (10%) = $170CapEx (10%) = $170Vacancy (5%) = $85Water and sewer = $75 (from Pittsburgh Water and Sewer Authority)Insurance = $100Taxes (2.08%) = $294.67TOTAL MONTHLY EXPENSES = $1646.23CASH FLOW = $53.77 CASH ON CASH RETURN = 1.13 %Are my assumptions ok? 

In Oklahoma City I think that’s true as well (but that’s more of an assumption as I’m not as active there). 

I would recommend doing a stress test making some assumptions about future rates and at what rate you will no longer have positive cash flow.

@Jeremy Reay a couple of things here:I need to make an assumption that you purchased these properties and improved them.  

Moral of the story, build your own assumptions, don't rely on seller's items.The moral is: when you go in, do you inspection with a good inspector.  

Not being familiar I’ve always gone on the assumption that lenders are suspect of someone with new loans who hasn’t established a steady payment history for ‘x’ amount of time.

I’m considering holding a certain property to sell till June to take advantage of this higher summer price, but I’m wondering if a wave of evictions in the first half of 2022 is likely to add inventory to the market, thus substantially increasing supply and so mitigating or reversing the usual May-July price jump.Any data, experience, insight, or corrections of mistaken assumptions/data on my part is appreciated!

I have had my agent use InfoSpark to pull comps and also done my own home grown spreadsheet pressure testing of different assumptions/scenarios.