Thread: For Those Who Invest/Own in Rentals
View Single Post
Old 10-15-2010, 07:33 AM  
fuzebox
making it rain
 
fuzebox's Avatar
 
Industry Role:
Join Date: Oct 2003
Location: seattle
Posts: 22,066
Quote:
Originally Posted by McSpike View Post
you mean your PRICE to RENT ratio is 12 fucking percent??!
Correct, $85k condo renting at $850/mo, $130k houses renting at $1300/mo. The return isn't 12% after management fees and property taxes, closer to 8%.
fuzebox is online now   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote