What's the minimum monthly cash flow you look for

[Erica W.]

When evaluating a property? I know that's not the only criteria. Thanks!

[Jay Hinrichs]

@JD Martin  do you also self manage so you have no placement fee or on going monthly PM fee?

Erica,  what I see bandied about is 200.00 a month per door after all expense's.. with 20 to 30% cash down.. bringing a C on C return in the 10% range  but I think in this scenario  6 to 12% cash on cash works.. if your doing it yourself like JD is probably doing ( I don't know for a fact) you will do much better especially in markets were homes only rent for 700.00.... not going to be that easy in our west coast markets were homes don't come close to renting for 700.00 and purchase prices are quite a bit higher.