Duplex house - 2 units both 2/1 (good condition)Estimated sale price $310kQuoted payment 7.5% (25% down)$2068.96/month (assuming $150/mo for insurance and $293/mo for taxes)$87,149 cash to closeAnnual cash on cash return 3.6%cashflow $252 monthlyBoth units currently occupied and lease signed through April 2024I will be using property management for this property because it’s out of state for me. 10% fee. 

I am the co-host of a tax planning and strategy podcast.

I do have a follow up question, would we not save on taxes by doing a BRRR strategy vs buy and hold ?

Vacancy and maintenance factors should be higher than for Class A as homes will be older, have more deferred maintenance and tenants will be harder on them.Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

While you are considering options, be sure to consider the ability to leverage tax benefits available with investment property. 1.

Through depreciation, other income taxes are offset, through debt paydown and appreciation, he's going to gain $thousands per year in equity.Subjectively, it may appear not to be a deal, but if the buyer understands these factors and wants the property, an entry fee under $10K sounds like a deal. 

The total monthly payment will be pretty close to this: P&I - $1,295, Taxes - $420, Insurance - $175, PMI - $220, for a grand total of around $2,100/m.

Meanwhile I have it in my hands today, even tho my valuation went down, my property tax bill is up exactly 10 percent.

These expenses covered various items such as property taxes, insurance, utilities, and financing costs during the project.Sale Price: Following the renovations, the property was sold for $205,000.

You really don’t want to sell in under a month or you’re facing regular income tax plus self-employment tax instead of capital gains tax or zero tax if you move in.