Let me clarify. Your previous posts talk about utilizing the calculator before making a purchase to make sure you are buying smart. Setting a minimum of $100 after the purchase feels like it contradicts your original statement about buying smart. So, that is why I asked why set a minimum of $100?
You are viewing a single comment's thread from:
$100 is a bench mark for when you are analyzing a property before purchase. Basically, if one analyzes a property and after factoring in all expected cost, its not going to cash flow more than $100 then it is best to move on and find a better deal.
Additionally, the cash on cash return will likely be poor if its bringing in less than $100 a month.