Updated about 4 years ago on . Most recent reply
Rental Property ROI Question
So I am currently reading the BRRRR book, and learning more into detail how to do these types of deals. I was wondering what a good ROI would be a rental property? What percent should I be looking for to make back in the first year?
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Jaron Walling
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Jaron Walling
#2 Market Trends & Data Contributor
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#2 Market Trends & Data Contributor
- Rental Property Investor
- Indianapolis, IN
@Elijah Crew Your question is very market specific but my first rental property makes about 7% ROI and cash-flows roughly $175 per month. It's not a grand slam cash-flow machine. It's a long term play. Since it's remodeled the repairs and maintenance are low. That's key for any BRRRR investment.