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Updated about 12 years ago on . Most recent reply

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George P.
  • Property Manager
  • Livonia, MI
1,598
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minimum cash flow per door per month

George P.
  • Property Manager
  • Livonia, MI
Posted

i know a lot of factors go into this, but what's your minimum monthly cash flow per month, per SFR?

my average was at around $500 actual, but with the prices rising as much as they have, i am getting below $200, which does not get me excited at all...

Most Popular Reply

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Brandon Krieg
  • Specialist
  • Grand Rapids and Kalamazoo, MI
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Brandon Krieg
  • Specialist
  • Grand Rapids and Kalamazoo, MI
Replied

Just a comment for Mike H. - Some areas of the state are excellent for RE, and doing well right now for cash flow. The whole state gets painted in a negative light by the national media, which is a shame for those of us that live here. While I wouldn't jump for joy at $200/mo, that's not the only game in town by any means.

Around here, beating the 2% rule isn't too tough, and that's nice in comparison to other areas.

Sorry... I have to stick up for the state sometimes.

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