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30 December 2024 | 1 reply
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
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31 December 2024 | 4 replies
That would make is more special and a no brainer IMHO.
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27 December 2024 | 1 reply
It's an A-framed garage with shingles roof, gutters, windows, and a 32" exterior door (in addition to a 16' operating face door).
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29 December 2024 | 12 replies
I work almost exclusively with investors and a lot of times, out-of-state investors.
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2 January 2025 | 50 replies
Yes and a few bookings on Airbnb cost your ranking on Vrbo.
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31 December 2024 | 13 replies
And a general contractor would NEVER sign a customers contract
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30 December 2024 | 6 replies
Awesome and as far as tax deductions do you still do them to get a return or do you only do those so you don’t get taxed on your rental income
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27 December 2024 | 2 replies
My goal is financial freedom for my family and a life full of giving and serving.
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10 January 2025 | 22 replies
He isn't rich enough to have a body guard and a security professional.
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3 January 2025 | 14 replies
These cities boast a forecasted job growth rate of 38%, driven by a thriving tech sector, healthcare expansion, and a business-friendly environment, which continues to fuel property appreciation.