[00:02] right now. Let's take a look. This is a nice looking duplex in Indianapolis, so in a great market at a relatively affordable price of just 382. As you can see, this is a nice property in really good shape. It's clean, it's recently
[00:16] good, too. And even though it's small, I love that each side has its own backyard. Plus, on top of that, a lot of the CapEx has been done. There is a new roof, new HVAC, new plumbing, and new electric. So, there's a lot to like, but
[00:29] let's see what the numbers say. Once I plug in my purchase price, my 25% down at 6 and 1/2%, plus all my expenses, including vacancy, CapEx, repairs, and everything, I'm getting 350 bucks a month in cash flow. That is really good
[00:44] for an on-market renovated duplex in one of the hottest, best investing markets mention that I am accounting for 8% property management fees here. So, if going to be way higher. But, there's one more step you should take here. There's
[00:58] an important detail in this listing here. They've already dropped the price $5,000, and it's been sitting on the market for 42 days. So, use your price down. I don't know exactly what you could get this down to, but it is
[01:12] reasonable to expect that you can get this down 5, 10%. This is happening all that you could pick this up for 352, pretty reasonable. Then, your cash flow jumps to almost $500
[01:26] a month for this renovated property. Strong cash flow, on-market, in a great market. This is what you should be buying.