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Updated almost 4 years ago,
Typical Net Income %
I am interested in hearing what others are are able to realize for Net Income as a % of your gross revenue on rental properties. This would be net of all mgmt fees, repairs, taxes, insurance, etc.
I just analyzed the first full year income from my first SFH rental and ended with 76.8% net income. I have no mortgage and there is no HOA.
I feel like this is a good return on my money, given I use a management firm to manage all my properties
Curious to see if this return is in line what others see when using a mgmt company.
Thank you