It gives me better average cash flow.

Moved to Key West and will be flying the F-5.Goals: Would like to build a modest portfolio of rental properties to eventually achieve FI based on cash flow.

Still great cash flow to be found here but the Ham is on the way up

Plug in a big rate jump and see how that affects your cash flow...if the deal still works, then you are good to go, knowing rates probably wont bounce that much

Plus tenants might move at an accelerated pace because of the increases and this could throw your occupancy pretty low and even into negative cash flow. 

It looks like the expenses do include your P&I, so the the cash flow and the cash on cash % on the report are technically good in that sense.

People laugh when I say my cash flow is between $125-$175/month per SFR.  

In my market there are plenty of options for positive cash flowing properties within the budget.

You are also amortizing the loan over 20 years instead of the more traditional 30 years thus cutting your cash flow more.On a side note the tax assessed value makes little difference to the actual value and if you try to negotiate based on that your offer will likely be rejected.

If someone is wanting to partner with me on a real estate deal but he is looking for properties to add value and have appreciation to potentially sell and I am less concerned with the value as long as it cash flows positively, is there a way we an align our goals to work together?