- $333K house available now but would be negative cash flow for now: View report - $290K same builder 200 sq ft smaller, have to build but lower price so better numbers: View report - $306K different builder with better incentives only 50 sq ft smaller than above: View report
Comparing these to LTRs in Princeton, Texas:
- $320K SFH nice finishes but negative cash flow: View report - $255K Townhome with very high HOA but comparable rent to above: View report
*This link comes directly from our calculators, based on information input by the member who posted.
- $333K house available now but would be negative cash flow for now: View report - $290K same builder 200 sq ft smaller, have to build but lower price so better numbers: View report - $306K different builder with better incentives only 50 sq ft smaller than above: View report
Comparing these to LTRs in Princeton, Texas:
- $320K SFH nice finishes but negative cash flow: View report - $255K Townhome with very high HOA but comparable rent to above: View report
*This link comes directly from our calculators, based on information input by the member who posted.
Hi @Sweta Govani, welcome to the BP Forum! How many deals are you able to do at one time? I'm assuming one, is that correct? And what's the most important "profitability" measure for you? $ cash flow/door? IRR? Equity Multiple? Cash on Cash Return?
Investor · Ohio & Fort Lauderdale · Member since 2021 · 75 posts · 50 votes
1y
Few notes:
1. I personally would not suggest investing in an HOA (less control over your investment and way too many variables)
2. If it negatively cashflows day one consider looking at other deals. Even conservatively each deal *should* be able to stand on its own 2 legs.
3. Have you considered multifamily? Often people overlook it, but with these numbers (in other locations) we could find a cash flowing 4 unit instead. Just some things to consider.
Best of luck, reach out if you'd like to chat about your options!