Duplex vs single family

[Blaine Kosek]

Side by side duplex in a B/C+ neighborhood with minimal appreciation projection. 160k purchase price, minimal current repairs needed

Single family home in an A/B+ neighborhood with expected appreciation. 160k purchase price - 15k-20k repairs needed.

Cash flow is nearly the same for both.

Which would you choose?

I have a number of single family homes and I’ve been looking to move into multi family but when I run the numbers... cash flow seems to be nearly the same but appreciation is lacking in the multi family.

Looking for insight here

Thanks in advance.

[Paul De Luca]

It seems like the single family property would be the logical choice in this case, although I'm surprised the cash flow would be nearly the same. Depends if you have a better use for the money than spend it on a rehab.

What neighborhoods are the properties located in?