Updated about 7 years ago on . Most recent reply
Per Door Inclusions
I know that many people on this forum believe that a multi family unit should produce a minimum of $100.00 per door and a single family $250.00 per door on a single family. I have a deal in a solid home, all brick, sing family, almost turn key (minus a porch painting party), but the unit will net 80.00 per month. I include 100.00/ month in reserve and 5% vacancy. Do those fees go back to the 250.00 everyone is trying to achieve? I have looked at 40 deals and I cannot get anything in my area to get a full $250.00 after those items are excluded. Just curious what you guys think. Thank you for responding!