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Updated about 9 years ago,
50% rule
guys I'm a little confused with the 50% for exemple on this deal according to the 50% rule what'd be the cash flow price 410,000
| Principal & Int. | $1,468 |
Taxes + HOA dues. $384
Homeowners Ins $70
Income 5000
I know have to do a better analysis to buy buy a property but I'm just wondering with the 50 % rule what are the results I'm just confused with the taxes and insurance.