If you have 140k cash, you want to buy 2 houses instead of 1.
In the calculation for my own area,
For all cash, the cash on cash return is 7%, with loan, it can be boosted to 14%.
Your house has better return, But the repair cost % can go up.
In the calculation for my own area,
For all cash, the cash on cash return is 7%, with loan, it can be boosted to 14%.
Your house has better return, But the repair cost % can go up.