I look at this and ok you overpay and are paying down $7200/year in principal You take 3 years to break even but it’s really 6 years because of selling costs on a property.I would not assume appreciation in homes with reports showing average pay increase of 3% and average prices increasing 5% (new York fed latest q1 release) and debts are at all time highs.Original poster better not get into a cash crunch as if they do they will be in bankruptcy in a New York minute.

To find strong rental markets, crunch the numbers for potential rental properties and do your market research.

Crunching the numbers and having a clear strategy is essential for your any real estate investment.

Crunching the numbers and having a clear strategy is essential for any real estate investment.

Obviously not every property is going to be a home run but a lot of deals I've analysed have struggled to be cash flow positive after crunching the numbers.

Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments:  $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.

(I'm a data scientist and feel comfortable crunching #s)Thanks!

Do your homework, crunch the numbers on potential profits, and seek advice from experts like real estate agents, property managers, and financial consultants to make smart choices.Good luck!

I am in a time crunch as I assume I can't list and show the property until I have the legal framework established.

Crunching the numbers and having a clear strategy is essential for a real estate investment.