Updated over 4 years ago on . Most recent reply
Found on the MLS in Phoenix
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?