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Starting Out
HomeForumsStarting OutHow much net profit to be worth it?
Mark Beekman's profile image
Mark Beekman's profile image
Mark Beekman
  • Investor
  • from Phoenixville, PA
  • Member since Jan 6, 2008
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Mark Beekman's profile image
Mark Beekman's profile image
Mark Beekman
  • Investor
  • from Phoenixville, PA
  • Member since Jan 6, 2008
Connect
Mark Beekman
  • Investor
  • Phoenixville, PA
18
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257
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Starting Out

How much net profit to be worth it?

Mark Beekman
  • Investor
  • Phoenixville, PA
Posted Aug 3 2008, 10:55

An 8 unit rental building for $255,000. Mortgage is $1600/month. Taking into consideration any repairs, maintenance, and unexpected vacancies, what would I need to be netting from rentals each month in order for the deal to be worth it?

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