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Updated over 8 years ago,

User Stats

59
Posts
12
Votes
Paul Vang
  • Sacramento, CA
12
Votes |
59
Posts

Would this make a good rental?

Paul Vang
  • Sacramento, CA
Posted


Would it be a good idea to rent out this property?

3 Bed / 2 Bath / Family room / Living room / Dining Room / 2 car garage house
Location: South Sacramento, CA
Principle/Interest/Tax = $1100/month
Water/Sewer = $85/month

Possible Rental amount = $1350-$1470

I know that if the loan amount was less, it would be better in terms of positive cash flow but this is where it's at right now. I know it doesn't meet the 50% rule but I'm looking for some ideas.  Please help!

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