In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

The bad news is that the market is genuinely terrible for new investors right now. 

All those companies advertising on TV with cash offers are hard to compete with.   

He genuinely seemed apologetic and wanted to fix this issue going forward. 

So, yes, to cash-out refi.

I aim for a property that will provide both cash flow and appreciation.Some years, your cash-flow will be high and your appreciation will be lowSome years, cash flow will be low and appreciation will be highSome years, both will be lowSome years, both will be high.If your cash-flow is atleast positive, the property itself won't force you to sell the property.

If you’ve ever bought a rental property that “met the lender’s DCR requirements” but still ended up with less cash flow than expected, you’re not alone.

For investors, we offer DSCR loans that use the property’s rental income to qualify instead of personal income, which helps when cash is tight.

This is one of the best places to learn, grow, and connect with people who genuinely want to see each other win.