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Analyzing rental properties
A recent video posted talked about analyzing rental property. Basically, $100-$200 after ALL expenses, a cash on cash return, and IRR. Realizing you can't just use one exclusively, how do you look at rentals when leveraging 100%? Additionally, when it references ALL expenses, what specific expenses are considered? Reserves? Maintenance? I realize taxes, insurance and mortgage and any utilities if any. Thank you for this forum. I believe I know the answer but wanted to make sure I considered everything.
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- Rental Property Investor
- Erie, pa
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I believe If you can’t analyze it on a bar napkin in ten seconds then it’s probably a lousy deal . Do this stuff enough and know your market good enough and it will be second nature /instant in your mind if it’s a go or not and you’ll know Right away