60k cash purchase w/infinite CoC upon refi = $55/mo. Good deal?

4 Replies

@Daric Carter I Missed the infinite ROI in your title and report. I mean I guess that would be okay but 50 bucks a month doesn't get me excited for anything.

I’d just do this deal with pulling less money out this cash flowing more 

Look at it this way.  Your monthly expenses are $694/month after refi...and you're only getting $56/month.  Real world sets in, and you have one month of a vacancy.  That means in the end, it will take you 12 months...1 year...to recover the negative CF from that vacant month.

Does that sound like a good deal?

It isn't just CoC Return. It's also Cash Flow