You can use 1 percent rule to perhaps try and narrow down your options, but every property needs its own evaluation.

I put $10k down and financed the remaining $155k on a 15 year note at 5.75 percent.

I put $10k down and financed the remaining $155k on a 15 year note at 5.75 percent.

The legislature shallprovide for the determination of true cash value of such property; the proportion of truecash value at which such property shall be uniformly assessed, which shall not, afterJanuary 1, 1966 exceed 50 percent; and for a system of equalization of designated realand tangible personal property in lieu of general ad valorem taxation.

So it's less a question of percent rules and cash-on-cash and more a holistic look at how much the househack lowers your cost of living and builds equity at the same time.Is this helpful?

I get a percent as well.  

Like I said, net out migration to other states in 2018 was 118K, which accounted for about three tenths of a percent of CA's population.To answer your question, though, TX has been booming.

How to Create Lifetime Cashflow through Multifamily Properties by Rod Khleif.3.

(Normally they would require 20 percent down.) 

Zero percent is the median.