Hey BiggerPockets, when using the BRRRR strategy what would you typically expect to cash flow on a single family house in Maryland?
What cash flow amount is your average?
How much cash flow per house makes you feel like your purchase was a good deal?
I usually require 125-150 per door at the actual rents at purchase and with whatever my down payment is going to be with additional upside in rents to consider a deal. I did once go $80 per door on one group where I put less than 1% down where there was good upside. PS I usually do small multis like groups of duplexes.
@Marcus Palm I believe its hard to give a number but we can analyze how the property value might appreciate over time and see the historic rental data to determine what is the average increase in rent over time. Finally try to rent it out for at least 0.8% to 1% of the sale price while having a positive cash flow
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