It’ll do about 90k gross this year.

Buy it cash: Purchase price $479,900 ; Gross: $44,400; Expenses (insurance, tax, lawn Maintenance) $10,322; NET: $34,077; This will bring 7% ROI; Last time I checked 7% CAP Rate is GREAT!!!

The IRS doesn't know what your expenses are.If you get a 1099 for the gross revenue, and don't report it, you're going to get a love letter from the IRS (CP2000 matching notice to be exact).Keep in mind taxable income is not the same as cash flow. 

Plus you would be surprised you could do some deals during the year and generate listing or selling commissions that could add to your gross revenue..

This is not only going to add to massive deficits on a short term basis, but also will roll out a red carpet precedent for future bail outs of even more disgustingly irresponsible wasteful spending and gross mismanagement.Your tax dollars hard at work.

Not sure if were being to stringent but asking people to fill out a really brief questionnaire (name, number, current address, gross monthly income, pets, etc).

Will running the analysis on a lead I received, I found a large difference in what my real estate agent had vs. the online calculator for the average gross rent.Which one do you trust?

They did complain about financial situation so I offered up the remaining month as free rent and told them they would get the security deposit back the day they moved out as long as there was no gross and obvious damage. 

Numbers in the chart represent taxable income, not adjusted gross income (AGI) or gross income.

Hey Matt,4k in gross monthly cash flow or net?