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Updated almost 8 years ago on .
Luke CarlPoster
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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Vacation Rental Deal Analysis
Luke CarlPoster
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Payment (all included) $850
Down payment/closing costs 25k
Gross monthly rental $2700
Net Monthly Rental Average $1200
Down payment would come from 401k and Tax return and another 5k I'd have to pull out of a hat.
I have two other properties in the same area that do very well.
My concern is I just got one a month ago for much less down payment and much bigger house. (different type of loan. this one has breathtaking view).
Just looking for some guidance on this one! thanks!!!