All Forum Posts by: Yogesh Bhadane

@Travis DeForge Thanks for the reply.

The offer is for $175K.

I am after both, Cash flow and appreciation 😉

Also to Lower my tax braket.

Looking at a SFH and below are my numbers;

1. CoC ROI - 3.4%

2. Closing cost is included

3. Monthly net cash flow: ~ $126

4. A class property

5. All the expenses are included In the above calculation. (8% repair) even though the property is in a pristine condition.

6. Vacancy 8%, PM 10%, taxes & insurance

7. I may not have any equity right of the bat at the price I am buying, market is hot and Paying for closing cost. Market appreciation would around 4-5% yearly

8. Don’t want to be too motivated because market is very hot.

Any suggestions or recommendations on my criteria?

@Huimin Zhang

Market is not going to improve that much for the loss you are incurring today.

I would say sell and invest somewhere else.