Search results

$450/week each at $1.3 million is around a 5.4% gross yield on my calculations. I'm all for developing for cashflow (its my main strategy), but this one doesn't make much sense to me. Sounds like a lot of effort for even a 7% gross yield.

Is it actually cash flow positive? I didn't think it would be looking at the rentals of 3x2s in the area.

Were you ever tempted to simply sell it off with DA plans for around that $500k mark?