Question for real estate investors
- Thread starter Loco_local
- Start date
NEW -> Contingent Buyer Assistance Program
As a rental, I don’t see how this cash flows. Just look at the assumptions below, that don’t even factor in vacancy, repairs, capital expenditure costs, so you’d really have to charge insanely high rent just to break even. Even if you paid all cash, there are better investments with higher potential return that are more passive (ie: buy & hold low cost total market index funds).
GrowthStateofMind
Active member
Oh man, looks like the HOA is doing a poor job of managing exterior of that community. There’s some serious TLC needed inside and out.
As a rental, I don’t see how this cash flows. Just look at the assumptions below, that don’t even factor in vacancy, repairs, capital expenditure costs, so you’d really have to charge insanely high rent just to break even. Even if you paid all cash, there are better investments with higher potential return that are more passive (ie: buy & hold low cost total market index funds).
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GrowthStateofMind
Active member
And as a fix & flip, I saw 2 nearby comps that are listed at $650k and $660k, respectively… I don’t know that one would come ahead on rehabbing that place then reselling considering the agent fees, renovation costs probably would exceed $100k
