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Updated about 5 years ago on . Most recent reply

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41
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3
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Catherine C.
  • New York
3
Votes |
41
Posts

[Calc Review] Help me analyze this duplex - NY

Catherine C.
  • New York
Posted

https://www.biggerpockets.com/calculators/shared/1300912/0d5c3566-6846-46fd-bee1-f900bf68a04b 

*This link comes directly from our calculators, based on information input by the member who posted.


Not 12% ROI, but good cashflow. Upstate NY

Most Popular Reply

User Stats

258
Posts
141
Votes
Richie Thomas
  • Rental Property Investor
  • Sedona, AZ
141
Votes |
258
Posts
Richie Thomas
  • Rental Property Investor
  • Sedona, AZ
Replied

Two things to note for short- and medium-term rentals- you'd need to furnish the properties in full, which adds to your up-front capital costs.  Also, property managers for these kinds of rentals charge a higher fee, typically 20-25%.  That said, it's may still be worthwhile to consider this option, since short-term rental rates can be significantly higher than what you could make renting to a normal tenant.

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