Monthly income from SFH rentals?

[Marci Stein]

Just finished preparing for taxes . 

Paid cash — , after all taxes , 

insurance , and repairs on 

my 40-$45,000 houses , 

monthly  take home  is $450 $500 per house

even though rents are double that much .  

Not sure if I’m doing something 

wrong , or is that about what is 

average for each door? 

What are you taking in each month ? 

[Dennis M.]

@Marci Stein

Sounds right . There’s something called the 50% rule .

Expenses run about 50% of the total income for most people on average . If you have no mortgage I would expect 4-500 monthly income on a 40k house . This would theoretically give you a cashflow with a mortgage around 150-200 a door so I think your doing as fine