*This link comes directly from our calculators, based on information input by the member who posted.
Can purchase the property cash. Will be my first rental/investment property. What do you think of the numbers and what are somethings I should be aware of?
Real Estate Agent · Columbus, OH · Member since 2021 · 124 posts · 86 votes
1y
Hi Maverick, will this property be a long-term rental? Looks like it will cash flow, but personally I would like to see a better cash on cash return for a $270k investment. Unless you see significant future appreciation, rent growth, or some other factor that makes it worthwhile for you, I would look for an investment that can get better returns.
Hi Maverick, will this property be a long-term rental? Looks like it will cash flow, but personally I would like to see a better cash on cash return for a $270k investment. Unless you see significant future appreciation, rent growth, or some other factor that makes it worthwhile for you, I would look for an investment that can get better returns.
Yes my plan will be to hold this long term. I live in this area and think it's only going to appreciate in the long run and am banking on property appreciation more than the rental appreciation.
*This link comes directly from our calculators, based on information input by the member who posted.
Can purchase the property cash. Will be my first rental/investment property. What do you think of the numbers and what are somethings I should be aware of?
Happy to provide with more details if needed.
@Maverick Shah You're going to pay all cash for this? If this is correct, I completely agree with @Payton Haight