Additional prior to move-in deposits: Cleaning Deposit $400.

Both are passthrough entities, meaning the income and expenses ultimately flow to your personal return, and both have benefits and drawbacks.

Hi ST King,The price increases with insurance and taxes has certainly cut back our cash flow on many of our properties, but fortunately rents and rental demand have been pretty strong going into 2024.

Are you cash flowing the property?

, cleaned, and installed new HVAC, ran all new pex lines/valves/shut offs, all new hardwood flooring and carpet, all new and expanded kitchen cabinets, new appliances, created full bath and connected it to a bedroom to create en suite, repurposed 2 unused rooms (1 into a 4th bedroom/office/playroom and one into a family room, installed new interior and exterior lighting throughout, new automatic garage door, and landscaped.

This may hurt me in the algorithms, but it works for my cash flow,

It needs to be moved cleaned out after the previous tenant. 

-A property with a 30 year mortgage would be neutral cash flowing, but in a solid location and with strong demand. 

I would benefit because I would have a small cash flow of $300 and I would be paying down $1,000 per month towards the purchase price of $1.3 million.

I have experienced cash flow anywhere from 10-18% with so much more to offer.