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Updated over 9 years ago on . Most recent reply

User Stats

429
Posts
220
Votes
Leigh C
  • Brooksville, FL
220
Votes |
429
Posts

What would you need to rent this for to justify investment 850k

Leigh C
  • Brooksville, FL
Posted

Home Value 850,000

Taxes are 10,000/yr

Insurance is 8,500/yr

Tenant pays water/electric....I realize I should be looking at comps in the area to set the price, i'm just curious on the numbers what landlords would typically want to make their formulas make sense.

1% rule applies to big stuff?    

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