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re: Are rental properties worth it?
Posted on 12/16/13 at 11:39 am to Rohan2Reed
Posted on 12/16/13 at 11:39 am to Rohan2Reed
quote:
Is 2k a month the total ROI or just the net cash flow monthly ?
I don't believe this was ever answered, but it seems like the OP was calling the $2k net cash flow/mo.
That's how I read it.
That would be $54k/year in gross income on a $100k down payment. The mortgage would be covered leaving $2k/mo after all expenses. That doesn't sounds bad to me.
I forget if it was a quad or larger, if it was a 5 plex, it would fall under different(higher) tax treatment I believe.
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