Min. Amount to Cashflow
2 Replies
Andre Simmons
from Lorton, Virginia
posted over 5 years ago
What would be a min. amount you want to cashflow on a SFH for a buy and hold property? Also what is an ideal range to shoot for?
John Weir
Contractor from Greenville, SC
replied over 5 years ago
You obviously want to shoot for a high amount, I always feel comfortable after mortgage, insurance, taxes, and misc expenses (estimate) that anything over $300-400/month is good cash flow. But, like I said you obviously want to get as much as possible.
Scott Weaner
Rental Property Investor from Yardley, PA
replied over 5 years ago
I look at both the cash-flow and cash-on-cash return. About $250/month with at least a 15% COC return works for me.
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