Letโs analyze a deal together. Example property: Purchase price: $300k Rooms: 4 Average rent per room: $800 Monthly revenue = $3,200 Would you buy this deal? Why or why not? Do you need more information to analyze this deal? If so what information do you need?
Yes I would move on this property, PCash flow is approximately $$9600. But using the cookie cutter approach; in a 12 month span I only added 5 more doors. This about $50k. Even if I had an unexpected repairs between $5-$8,000.00 itโs still a win!