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Updated over 10 years ago,

Tyler Dunlap's profile image
Tyler Dunlap's profile image
Tyler Dunlap
  • Real Estate Investor
  • from New York, New York
  • Member since Jun 26, 2014
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User Stats

32
Posts
38
Votes
Tyler Dunlap's profile image
Tyler Dunlap's profile image
Tyler Dunlap
  • Real Estate Investor
  • from New York, New York
  • Member since Jun 26, 2014
Connect
Tyler Dunlap
  • Real Estate Investor
  • New York, NY
38
Votes |
32
Posts
Starting Out

Profit margins on a rental property

Tyler Dunlap
  • Real Estate Investor
  • New York, NY
Posted

Hi all, I'm new here and new to the industry. I have been scouting out some properties in the Salt Lake City. Basically, my question is what is a good profit margin for a rental home? I have found houses that I can buy for 800/mo and rent for 1200/mo. Is this a good deal? Should I pursue this? I know about the whole 50% rule but I can't find anything that comes close to that. Any input is greatly appreciated!

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