Setting realistic final net for my first RE in Kingston, NY.

[Gil Gofer]

Hi guys, 

My name is Gil and I am an Israeli nature and wildlife photographer. I travel the world on a low budget for the past 6 years with an intention to keep doing so as a lifestyle. My sister lives here in New York and so I decided to buy an investment property.

The budget is 300,000K cash for multi family property. No mortgage to be taken. 

The question is; do you think that 2.5-3K $ a month is a realistic net income(after taxes, maintenance and management fee) from such an investment? 

If not, what do you think should be a more realistic goal? 

Thanks a lot for the helpers.

Gil