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Updated almost 9 years ago,
Tax issues in Analysis
I can't get a property to cashflow in the calculator. I'm looking at rentals. I use the 10% repairs, 10% cap ex, 9% vacancy and 10% management. Taxes are about 2-4k/yr here and it throws off all of my calculations. I looked at a 69k house at 800-900 rent and a 100k house with 1000 rent and neither cash flowed. Am I doing something wrong?