looking to achieve between $150 to $250 in cash flow per door

looking to achieve between $150 to $250 in cash flow per door

Investor · Newcastle, CA · Member since 2016 · 21 posts · 9 votes

I am about to purchase my first 4 plex. Currently have 3 single fam rentals...I am at a point where I really want to take my portfolio up a few notches. I have a goal of reaching 100 doors at an average of somewhere between $150-$250 per door. I think with the right strategy and partners in place I can make this happen over the next 5 years or so. Does anyone here have a similar rule of thumb for what they expect to get per door? If so would you mind sharing what percentage you factor in for cap ex? (roof, siding, hvac replacement in long run)

The 4plex I am purchasing is priced at 155k...rents are at 2200...doesn't need any immediate work or repairs. 

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  • Investor · Laurel, MD · Member since 2014 · 251 posts · 140 votes
    9y

    Do not waste my time for anything less than 400 a door but that's just me. 

  • Investor · Newcastle, CA · Member since 2016 · 21 posts · 9 votes
    9y

    400 a door after all hard costs, vacancy and cap ex factored in? Where do you find most of your deals?

  • Rental Property Investor · Honolulu, HI · Member since 2015 · 143 posts · 61 votes
    9y

    Lol baltimore.

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