Numbers almost there but just shy!
I'm aggressively looking for and analyzing deals and have found many that come just shy of hitting my hard metrics of $300 dollars a month cashflow and 12%COC ROI.
An example would be one that cash flows $290.55 and has a 22.83% COC ROI.
I know hard metrics are there for a reason, but I wonder if I'm going way too conservative when I'm doing my analysis?
Should I budge some numbers around to make it work or continue to stick to the line and wait till a deal hits the mark?
Most Popular Reply
Hi Ethan,
I am not familiar with your market and how competitive it is but personally, I would look at your ROI before the cash flow number. If you are able to find a deal with 22% ROI you are doing pretty good. In the example you gave, you cash flow is 80% higher than your target and but cash flow is only 3% lower than your target. I would take that deal!