Good old Uncle Sam.For most folks in the US, taxes are anywhere from 30-50% of their gross income every year.To protect yourself, you should do 2 key things.1.

If you are at 6%+ I would say make the extra payment as you have to factor in net (not gross) returns from what you would do with that money.

Simply because the interest payment alone at 7% APR will be in excess of $3K, the total gross income of the earner you mentioned.

This is a whole new era than 2010-2020, you're going to have to come correct not just straight spec.And you're not making 4.5% on your HYSA--that's gross. 

For example mine is $7150 monthly mortgage payments but my gross rents are $12,600 between 3 properties.

When determining gross income, many factors can come into play besides salary.

An agent also shared the gross income data for a couple of properties.

I would gross $200,000 before other costs.I believe the demand is there to get ownership of a beach house for $250k; especially since conventional financing is now available and beach houses are only used for 3-5 weeks a year at most.

Your GROSS return is 10%, before your ‘PROMOTE” for putting the deal together. 

Well now they are trying to sell that same cabin for $700,000 but it's still doing $50,000 in gross rentals.