6 Flat - Cash flow per door
Hi All,
I typically invest in single family and duplex rentals. Cash flow is typically $400 and up per unit.
On a multifamily project it seems the cash flow is less per door. I've seen it range from $100 to various amounts.
I'm looking at a 6 flat which generates about $216 per door after I plugged in all the numbers into the BP Rental Calculator . Doesn't seem that great to me.
Am I not seeing the bigger picture.
Would like to hear from those of you who invest in multi-families.