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How are you guys cash flowing so high with low property prices? Do you guys have mortgages on these properties or no?
75k rehab 25k appraised at 150k finance it at 120k currently rents for 1600 a month last I checked market value is around 190k debating on selling an 1031 into a larger investment
$330k. Cash flows about $1500-$2k per month after all expenses
Damn where is that at
Coach
120k. Cash flows 1500
Coach
$130k. Terrible and negative for years. But I learned a lot and the next two were much better.
0 for first two years. 250 per month from year 2.