Deal or no Deal: cash flow but low ROI
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
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