Started By
Message

re: Are rental properties worth it?

Posted on 12/16/13 at 11:39 am to
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7544 posts
Posted on 12/16/13 at 11:39 am to
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.


first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram