if the houses in a certain area were 100 000 dollars how good of an investment would that be as a landlord?

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if the houses in a certain area were 100 000 dollars how good of an investment would that be as a landlord?

2007-02-06 15:33:06 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate

3 answers

How much can you get in rent?

What are your total expenses per month?
What is your vacancy rate?

If income less vacancy rate allowance isn't greater than expenses, anything is a rotten investment. Doesn't matter if you can buy it for $1

2007-02-06 16:29:05 · answer #1 · answered by Searchlight Crusade 5 · 1⤊ 0⤋

depends on location. location, location. If in a slummy area or high crime area would not be wise. If they are very small but new houses in a neighborhood, good area, sounds good.

2007-02-06 23:43:09 · answer #2 · answered by winkcat 7 · 0⤊ 0⤋

NET NET NET nothing else is relevant

2007-02-06 23:41:03 · answer #3 · answered by westbergindustries 2 · 0⤊ 0⤋