Foreigner investors can either pay a flat tax of 30% of their gross rental income or elect to file an annual US tax return and reduce their taxes by claiming deductions relating to ownership and managing the property.

You can also go to Airdna, and I think it’ll let you put in the number of bedrooms so you can get an estimate on what your gross income would be for a property of that size. 

In addition, there are 2 types of yields, "Gross Rental Yield" and "Net Rental Yield".

Currently leased to Section 8 tenants, it generates a steady monthly gross income of $1,645.

I ALWAYS require MINIMUM 3X rents in gross household income, no exceptions other than pre-paid for FULL lease term (yes, I lease this way, not theory).

They simply net together.Whether the 20,000 loss is deductible depends on your income, and I can only assume that with a jumbo loan on your primary residence, you earn more than 150,000 modified adjusted gross income.

Did you have enough reserves, build from the gross rental income?

I should be getting more than $5400 gross rent on that SFH but it's less.I will DM you and can give you more specifics.

And according to the rental manager it did $3,000 a month gross in its first year, which is $36,000 annualised.

Likely the lowest interest rate of all 4 options. 75% of gross rental income will be used to qualify you. 4.