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Updated about 16 years ago,

User Stats

15
Posts
1
Votes
Frank Apap
  • Massapequa Park, NY
1
Votes |
15
Posts

Price to rent ratio

Frank Apap
  • Massapequa Park, NY
Posted

Total newbie here, considering buying a property to rent (two family home) and hold for 5-10 years before selling.

I'd like to have a break even or positive cash flow and was wondering if there was a rule of thumb of what ratio of home cost (sale price) / (annual rent) would be a good place to start?

Thanks

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