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Updated about 5 years ago on . Most recent reply

User Stats

52
Posts
23
Votes
James Morrissey
  • Cincinnati, OH
23
Votes |
52
Posts

Would you add this to your portfolio?

James Morrissey
  • Cincinnati, OH
Posted

*Property is in Cincinnati, OH. Any Biggerpocketers from this area who know the rental market rate, it would be greatly appreciated to hear your thoughts.*

Criteria:

1. Cash Flow: $100/unit/mo

2. ROI: >12%

3. Appreciation: >15% in 10 years

4. Monthly Rent: 1-2% of value of home

Where am I going wrong? What additional information should I include in this spreadsheet? If you double click in each cell it provides information on how these numbers were derived. The link is below. I look forward to a great discussion. Cheers! Thanks in advance.

https://docs.google.com/spreadsheets/d/10OIk7ZjdhH82DOZef5rN_Z4F7mi1JWYTtjYzmUFI0OQ/edit#gid=44614376

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