Currently I’m operating it as a STR, but I need a new cleaner and the quotes I’m getting are in some cases double my nightly rate, and the amount it grosses is only slightly more than what it will do as a LTR.

If these two women were each working 15/hr, even 30 hr week jobs, they would be bringing in $900 gross each week.

@John S.You won’t know for sure until you send them out, so you just have to factor it in—consider how many gross inbound calls you’ll get and how many of those will be relevant to you.Then, calculate the cost of the data plus the cost of the mailers.

I give on what I would call modified gross.

I'm assuming before you bought it the property management company told you a number for gross rent that the property should hit in year 1 and year 2 and then year 3.

We have a house that holds 9 and 1 that holds 7, so when there both full they gross over 11 k a month. 

You have an advantage due to your experience, however low price point markets while often have better gross margins, the net margins can be lower or even negative.

Purchase price, make ready cost and expected annual gross revenue?

Its a nice duplex that makes 1300 a month gross..

Never invest in any city with rent control.Low operating cost: It's not about how much you gross, it's about how much you net.