Whats your average Cashflow for those who own 4Plexes ??

Question

I'm trying to figure out what would my average cashflow he on owning a 4Plex. I just would like a rough idea.

Richard Libutti · Answer

I average $2,800 on my 4-plex. Miami, Section 8, no mortgage.

Richard Libutti · Answer

@Travis Oneill Section 8 pays pretty well, ~$1,300/mo for a 1bd/1ba. Dealing with them and their tenants is another story...haha.

Units can be had for around 100k/door, but keep in mind expenses (taxes & insurance) in South Fl aren't cheap.

John Warren · Answer

@Travis Oneill that is a very broad statement, but I average around $600 a month in cash flow on my fourplex here in the Chicago area. I would have more coming in, but I have used the BRRRR strategy on this property to pull all the equity out.

Austin Andrews · Answer

This was a golden deal, but I'm averaging about $600/month per door on my 4-family, for cashflow to be $2400/mo after debt service, taxes and insurance, and utilities. Obviously capex (everything is brand new minus the roof) needs to be accounted for, but other than that it is a cash flow monster

Travis Oneill · Answer

@Richard Libutti wow that's awesome!!!

Travis Oneill · Answer

@John Warren Thank you. Yes I knew the question would be very broad. I'm just trying to see on average what do people cashflow on their 4Plex. This way I can gain an idea of how many ill need to obtain Financial independence. So far my rough estimate I'm going to go with is $500 / Per Month cashflow per 4Plex. Assuming all goes well.

Whats your average Cashflow for those who own 4Plexes ??

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