Cash flow standards

[Ken Chud]

Trying to read the current market. What is considered a "good" cashflow per unit per month? 

Basically, whats left after paying the bank, escrow (tax and insurance) but excluding any maintenance, repairs, utilities, salaries, property management, landscaping, etc.

[Ken Chud]

Quote from @Michael Smythe:

Cashflow depends on the Class of property.

Class A: rarely cashflows for first 3-5 years

Class B: should cashflow from day one or within 2 years

Class C: good cashflow from day one, should only increase

Class D: great cashflow from day one, but may fall over time

Thank you, thats great to know.