How Much Cash Flow??

[David Perkins]

I currently own 2 single family homes and they are renting great. I found a duplex I am interested in. Cash flow looks promising, but I want to know what YOU INVESTORS out there look for. What is the minimum cash flow for you to buy a deal??? This property I’m looking at pulls in $1,725 a month and after taxes, insurance, water bill, principle, and interest my payment will be between $900-$975 depending on how much I decide to put down. The duplex has been redone down to the studs literally, so there won’t be much maintenance.

What is your minimum cash flow you look for in a property? Also, does this sound like a good deal?

[David Perkins]

@Scott Passman

Thanks Scott. I just always wonder what other investors minimum cash flow is. I always want $400 minimum, but sometimes that’s not always attainable. I don’t think I would go less than $300. Also, it depends on the deal. Like they say, you make the money when you purchase the property. Both my rental homes I purchased at auction well below market value, so it’s hard to me to pay close to market value even if it is cash flowing well.