Buying & Selling Real Estate Discussion

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Stan F.
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Deal or no Deal: cash flow but low ROI

Stan F.
Posted Aug 18 2019, 05:09

Would you buy SFH (3/2) property at current market price knowing that you would hold it for next 10-15 years ( yes I know recession may be coming).

Cash flow around $300 ( rent-CapExreserves-PI)

Cash invested 55k ( some Reno + downpayment).

A-/B class neighborhood

Mortgage 130k.

Location: Suburban Philadelphia  

I know that there are better deals out there in Midwest/ Southeast but I am only willing right now to stay local to see through my investment. 

Thanks for input 

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