Owner said has long term tenant on one side of 9 years , building has had  great rental history.  600*2=1200 monthly1200*12= 14400 yearly taxes/insurance =2800 yearlyrepairs/maintenance 10%= 1440vacancy 10%=1440 14400-2800-1440-1440=8720 NOI20% down on 99000 @ 4% interest 30 years =19980 mortgage payment roughly 382 a month /382*12= 4584(NOI )8720 - (debt service )4584= 4136 monthly cash flowcash flow 4136 / (money invested) 19980 =20% ROIAm i missing anything here ?

My primary goal is cash flow. 

I use the BiggerPockets tools to analyze properties a few times a week, but I feel that I might need to start looking for foreclosures, bankruptcies, or something of that nature as the price for the homes in my area on the MLS are listed way above what would result in decent cash flow given.

Business turns on referrals from hospitals and doctors and cash flow on reimbursements--private insurance, medicare, medicaid and the va.

The country is moving more and more toward a renter society, and multi has better cash flow over time than SFR.If I saw that deal and didn't jump on it, it would be one of those I regret missing.

The property has a net income cash flow of $525/mo after all expense, mortgage, etc. 

My goal is to acquire two cash flow properties and potentially complete one flip by next year.

Is it safe to say that someone looking for buy and hold rental properties would be less concerned with timing the market versus finding good cash flowing deals and dollar cost averaging into the market as it cycles? 

When moved out (a few years down the road) we hope to cash flow $300-400/month.

I did the analysis beforehand taking into account the managment fee, vacancy, capex, repairs, mortgage, etc and it still came out above my monthly cash flow requirements.