General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago, 07/29/2021
Best cashflow rental property cities for buying duplex in 2021
Hello guys,
I'm looking to pick area for my first investment property.
Which places in your opinion have a good cash flow properties comparing to San Antonio and also with a strong job market (I was thinking about Albuquerque NM, Atlanta, Charlotte NC, Cincinnati/Cleveland OH, Huntsville AL)
My analysis of duplex in San Antonio (El Seguin)
Duplex - El Seguin - 2021 Building | |
Price | 439000 |
Downpayment 20% | 87800 |
Principal | 19476 |
Interest 4% | |
Property management (8%. Leasing fee 50% of the rent, Lease renewal - 150 | 2876.5 |
Insurance ($66 per m) | 800.04 |
Taxes (1.97%; $700 per m) | 8648.3 |
Maintenance (4% - new building) | 1392 |
Vacancy (8%) | 2784 |
HOA ($74 per m) | 894.96 |
Rent Annual ($2900 per month) | 34800 |
Operating income: | -2071.8 |