No probs, it was simply the 11 second rule which i notice has been heartily bagged by many on the forum. Its not meant to be a definitive guide, its simply a snap shot of potential. I bought a property some years ago (which is still own) which has been cashflow positive from day one and rent over the term has doubled. I remember discounting many properties as they were simply miles away from the 11 secnd rule, this one got close, after further due diligence i offered the price the 11 second rule sugegsted and whala..cash flow positive propertry since. Lucky possibly…

(Weekly Rent (or if vacant rent potential) / 2 ) x 1000.

So weekly rent is $260 / 2 = $129 x $1000 = $129,000

All other due diligence proving acceptable, $129,000 would all but gaurentee the property will be cash flow positive month in month out.

The challenge is finding them….but they do exist.