Skip to content
Starting Out

User Stats

46
Posts
6
Votes
Robert Gailie
  • Electrical Contractor
  • Walden, NY
6
Votes |
46
Posts

First time buyer

Robert Gailie
  • Electrical Contractor
  • Walden, NY
Posted May 29 2015, 07:51

I am looking at a 2 family with 1 bed 1 bath in each. I am curious where my net profits should be at the end of the year. The cash on cash is 25% net profit is 5500 a year. Should I be looking for better returns? Purchase price is 115000. 20 percent down. Landlord pays water and sewer and a landlord electric bill.

Loading replies...