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Updated about 5 years ago,
What numbers to run on single family rentals?
I own a single family residence. It’s my first home and we will be looking to move soon. I’d love to keep it as a rental to start my real estate portfolio but am new to this and don’t know what numbers to run to evaluate this decision. Is there a formula or collection of metrics to calculate that is often used? I’m sure these are market specific to some degree but how do I learn which numbers matter most?