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发帖数: 848 | 1 http://marketing.remaxdesigncenter.com/22/142622/2220136/
Southfield Condo;
monthly rent 1100, l0 months income 11000.
annually hoa (2700) tax (1329) insurance (208) reserve 300 for repair.
( refrigerator, washer, dryer, water heater are all 1 year old)
excepted annual income 11000-2700-1329-208-300 = 6463
asking price 55000.
return is 6463/55000 = 11.75%
if you can get 12 month income, return will be higher. |
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