Struggling to find deals
Is it just me or are there no good cash flowing deals out there? I've been looking in state, out of state and all I find are $100/m at best. Am I analyzing myself out of potential deals? Here is how I run my numbers:
List price minus...
Mortgage, taxes, insurance
5% vacancy
8% PM
1 month of rent for lease fee
$1,000/yr for repairs
$150/m for CapEx