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Buying & Selling Real Estate

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David Lao
  • Real Estate Agent
  • Oakland, CA
25
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60
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Should I Sell my Cash-Flowing Rentals?

David Lao
  • Real Estate Agent
  • Oakland, CA
Posted Jan 22 2021, 00:25

I live in California and own SFRs in a small central PA town since 2017. My cash-on-cash return with 40% leverage is about 11-12%. The rental market seems good, and each property is < $100K and exceed the 1% rule. However, I don't expect the home value to appreciate and am unsure if it makes sense to keep them there long term due to the town's declining population.

Thoughts?????

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