Analyzing a good rental
Hello all
Last night I was in a Webinar with @David Greene and we went over the Rental Calculator to analyze good properties. I understand how to use the calculator but every house I had saved on Zillow that I plugged in (price ranging 180K-230k) wasn't giving a good cash flow and COC ROI.
What is the average for Cash flow and COC ROI % you guys look for? I live in Philadelphia so I know this market fluctuates between "sections of the city but I am just trying to sharpen my Analyzing skills.
Any feedback is helpful!
Sean