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All Forum Posts by: Bob Nickel

Bob Nickel has started 1 posts and replied 3 times.

Originally posted by @Account Closed:
Originally posted by @Greg Dickerson:

Some investors are just warehousing cash. It’s better than bonds or treasuries.

My question is how do you profit if the mortgage payment is so high? It takes up most of the rental income

There is a Wendy's for sale for $1.7 million. It has a 5.5% cap rate which is $93.5k. How can you profit since the mortgage will take almost all of that. I used online mortgage calculator and I don't get how people profit like this.