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Updated over 7 years ago,

Kassie Carrell's profile image
Kassie Carrell's profile image
Kassie Carrell
  • from New Braunfels, Texas
  • Member since May 1, 2017
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User Stats

39
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29
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Kassie Carrell's profile image
Kassie Carrell's profile image
Kassie Carrell
  • from New Braunfels, Texas
  • Member since May 1, 2017
Connect
Kassie Carrell
  • New Braunfels, TX
29
Votes |
39
Posts
General Real Estate Investing

My rental property is worth 120K. Profit?

Kassie Carrell
  • New Braunfels, TX
Posted

I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes, insurance, mortgage, and property management fees I am left with very little.  I would appreciate any advice. 

Warmly, K

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