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Updated over 1 year ago on . Most recent reply

User Stats

293
Posts
141
Votes
Adah N.
  • Investor
  • Atlanta, GA
141
Votes |
293
Posts

Is There Demand for $4,500+ LTR Rentals?

Adah N.
  • Investor
  • Atlanta, GA
Posted

An $800k house with 20% down, 7.5% interest + taxes($8000)+insurance($1800) will have about $5,200 monthly payment, $5,800 if 10% down payment. Is there demand for $4,500+ rentals in your market? What is the profile of people willing to rent for $4,500k+ in that same neighborhood? 

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