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Updated about 9 years ago on . Most recent reply

User Stats

33
Posts
3
Votes
Matt Maluchnik
  • Investor
  • Perrysburg, OH
3
Votes |
33
Posts

This a good Buy Criteria?

Matt Maluchnik
  • Investor
  • Perrysburg, OH
Posted
I recently started a marketing campaign and want to make sure my BUY criteria seems in-line with most investors. Goal: Buy, Hold, Rent Area: Ohio (within 1.5 hour radius of me) Criteria: Buy at least 10% below ARV, Using 20% down and a 30 year mortgage I need to achieve at least a 10% Cash-on-Cash (Using Bigger Pockets Rental Calculator) return after all expenses accounted for (Vacancies, Repairs, CapEx, Management). Sound decent?

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