Cash flow on Massachusetts Multifamilies

[Joe Rinella]

For you other Massachusetts multifamily investors, how much cash flow are you looking for per unit in the current market? It seems as though $100 per unit after mortgage and expenses is a good deal in the current market, but I've heard of folks looking for $200 or more per unit in Mass. 

How much cash flow per unit would you consider to be a good deal?

[Joe Rinella]

Thanks @Dante Pirouz that's good to know.

@Mike Hurney I've been looking for deals with $100 cash flow per unit in Central MA, with a 20% down payment. I want to make sure I'm not aiming too low though, so I'm curious what other local investor's expectations are for multifamily deals right now.