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Updated over 4 years ago,
Am I making enough return on my investment ?
Bought a small beach cottage cash last year for $153k. Currently getting $1800 rent
My yearly expenses are
Taxes $5666
Insurance $1061
Boiler contract $240
Misc $500
My question: am I getting enough or should I sell it? I can prob get $230-245 if I sell in this hot market