What is the minimum cash flow per door per month you use?

[Megan Kline]

I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service.  Also, self manage or pay property management?

[Russell Brazil]

Originally posted by @Frank Wong:

Originally posted by @Mark Fries:

@Megan Kline

400-500 per door per month...

150-200 isnt worth my time

 Exactly Mark!  That is the minimum I want to make per door.   $200 for the risk, dealing with the tenants, loan, repairs, and time.  Not worth it in my opinion.  I would rather focus on increasing my personal income than spend the time for that amount.  Just run the numbers and do the math.

All depends.  My first rental was $200 free cash flow on that.  Today, almost a decade later, that same rental has free cash flow of $1600 a month, has gone up in value $170,000 from purchase (It went down for the first 2 years), and Id have to check my mortgage statement, but probably paid down the note on it by $50-$75k in that time.

I'll take zero on one asset, and others Id want $1,000. Every property is different, everyone's goals are different. Everyone's strategy is different.