Rental Property Investor · Gulf Breeze, FL · Member since 2014 · 1k+ posts · 733 votes
For those of you with a buy & hold strategy and aren't afraid of MFRs, considering the below data, would you move forward with this opportunity or not? Each unit on this triplex rents at $325, yielding approx $75/unit monthly cash flow. I should be able to pay off the mortgage in the next 6-8 months taking monthly cash flow to approx. $143/unit.
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