All Forum Posts by: Alexander McConaughey

This is actually why I'm considering selling. I'm looking for a higher cashflow (though not seeing a lot of options out there). 

Purchased, thanks. I'm actually analyzing the cash on cash return of the property sale. It can be applied to rent, but as I understand, the concept (and I could be wrong) should apply to any investment. The cash I receive as compared to the cash I put in? The rate of return if I only look at rental income on the property is not high at all as I put in about 170k and have only gotten about maybe 10k (cash) after paying the mortgage, hoa, and management fees in the last 4 years.

I have a property that is slightly cash flow positive. Originally I was thinking of selling it because there is a lot of capital in it, and I want to potentially use that capital elsewhere. The problem is I can't seem to get over what appears to be an extremely lucrative cash return. I feel like I'm doing my math wrong. 

I bought the house in 2019 for about 445k (170k in downpayment/closing costs). 

I'm looking at selling it for around 550k. Problems I'm struggling with, do I use the CoC Return of only the sale price, or do I calculate it against the entire amount after paying back the loan, taxes, closing costs etc. The renter's have paid into the equity, does that count toward my CoC return?

I sorta fell into this on accident, and I'm really in over my head. My original plan was to get the money out and use it to potentially buy a cashflowing business, but after crunching the numbers, this seems safer. Any help or advice is appreciated, this is a big step for us.

Numbers look something like this: