Duplex vs single house family investment property
What are the pros and cons of duplex vs single family investment property? I live in Phoenix, AZ. I can afford down payment $30-$40 K. Thanks.
What are the pros and cons of duplex vs single family investment property? I live in Phoenix, AZ. I can afford down payment $30-$40 K. Thanks.
It's pretty simple really. Duplexes have better cashflow due to a lower per unit cost. However, SFR's usually rent for 2 years or more, wheras there is more turnover with a duplex. Houses also generally seem to beget a better class of renter.
Good Luck,
Shawn(OH)