Skip to content
Real Estate Deal Analysis & Advice

User Stats

8
Posts
7
Votes
Jon Sutton
Pro Member
7
Votes |
8
Posts

Found on the MLS in Phoenix

Jon Sutton
Pro Member
Posted Mar 8 2021, 19:31

It seems foreign that you're supposed to be able to find deals on MLS, which makes me think I'm missing something here: https://www.biggerpockets.com/analysis/rentals/d8b0ee91-b375-497c-89ed-63e39e429dcd. 

I'm able to find 1-2 deals a day similar to this.  

I budgeted 10% each for maintenance, vacancy, and capex - which seems like it might even be a little conservative.  I plan to self manage and have tenants pay all utilities.

$347/mo in cashflow, 8.5% COC isn't incredible, but it's a fine base hit - right?

Loading replies...