Dear All Intelligent Property Investors,
I really dont understand and have been trying to work out the maths with cash flow positive property.
you see, a lot of talk about cash flow positive properties generating an annual income of $100K per annual from rent.
But when i work out the numbers after all expenses it hardly worth the risk or the money.
For example.
If the loan for the property is $165K and it generates a weekly rent of $300. You will get a cash flow positive of $892 per week approx.
If you had ten (10x) of these $165K which is worth $1.65 million worth of properties but a cash flow of $8920. these numbers really doesnt make sense.
How can those mentors say you can generate $100K cash flow if it is hard enough for the average price of property and rent to achieve this?
I understand there are mining towns that have excess rent but they will have excess property prices as well.
I just don't understand please help !!!!
Could you please tell me your story of whether this is possible?
There are many mentors in the market promoting this and i dont know if this is true.
thanks
I really dont understand and have been trying to work out the maths with cash flow positive property.
you see, a lot of talk about cash flow positive properties generating an annual income of $100K per annual from rent.
But when i work out the numbers after all expenses it hardly worth the risk or the money.
For example.
If the loan for the property is $165K and it generates a weekly rent of $300. You will get a cash flow positive of $892 per week approx.
If you had ten (10x) of these $165K which is worth $1.65 million worth of properties but a cash flow of $8920. these numbers really doesnt make sense.
How can those mentors say you can generate $100K cash flow if it is hard enough for the average price of property and rent to achieve this?
I understand there are mining towns that have excess rent but they will have excess property prices as well.
I just don't understand please help !!!!
Could you please tell me your story of whether this is possible?
There are many mentors in the market promoting this and i dont know if this is true.
thanks