As a very rough average, an apartment unit will cash flow around $100 per month or $1,200 per year (these numbers will vary, based on the deal, location, property type, and so on). When I say cash flow, I mean spendable dough in your pocket. Therefore, if you want to live off $100,000 in cash flow every year, you need to accumu- late $100,000/$1,200 per unit, or 84 apartment units. Let me put it another way: Owning 84 apartment units could make you set for life!
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Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(b-ok.org).pdf, p30
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