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Cash Flow $2,000/ Month On A Triplex
If you're able to cash flow on $2,000/ month on a fully renovated triplex, how much do you think an investor would pay for the triplex? Assume a good area and 5 minutes from the downtown.
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Drew Sygit
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Drew Sygit
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Others have pointed out the lack of location as an issue, but there's also the issue of your definition of cash flow.
How did you calculate it?
Is it NOI?
FYI: $2k of cashflow after a mortgage payment of $2k is way different than after a mortgage payment of $20k
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