$300k property $2800 in rent does it work on paper?

[Doooh]

Do these #’s work out with all cash on the table?

$2800 in rent and a purchase price of $300k. It’s a 3 br 1 bath and a 1/1. On the same property. $1100 in rent on the 1\1 and $1700 on the 3/1.

[peterb]

Work out? You’re paying all cash. What’s got to “work out”?

After paying taxes, insurance and maintenance you will probably get ~10% return/year on your money. Not bad in todays world.
Although you’d probably be under-performing against many commodities for the next few years.

[peterb]

Work out? You’re paying all cash. What’s got to “work out”?

After paying taxes, insurance and maintenance you will probably get ~10% return/year on your money. Not bad in todays world.
Although you’d probably be under-performing against many commodities for the next few years.

[peterb]

Work out? You’re paying all cash. What’s got to “work out”?

After paying taxes, insurance and maintenance you will probably get ~10% return/year on your money. Not bad in todays world.
Although you’d probably be under-performing against many commodities for the next few years.

[peterb]

Work out? You’re paying all cash. What’s got to “work out”?

After paying taxes, insurance and maintenance you will probably get ~10% return/year on your money. Not bad in todays world.
Although you’d probably be under-performing against many commodities for the next few years.

[peterb]

Work out? You’re paying all cash. What’s got to “work out”?

After paying taxes, insurance and maintenance you will probably get ~10% return/year on your money. Not bad in todays world.
Although you’d probably be under-performing against many commodities for the next few years.

[SD Realtor]

Dooh lots of variables when you are talking about rentals.

First off you need to figure out what you are shooting for, cash flow or appreciation? There are alot of people that subscribe to the 50% rule. That is, your operating costs should not be more then 50% of the rent. So adding up all your monthly costs, if they are more then 50% of the rent, conservative real estate investors would say pass.

Also as pointed out, there may be better investments for 300k cash then what you are thinking of.

You need to specify all of the parameters better then you did in order for anyone to tell you if it is a good deal or not. Without even looking I can tell you that it is not a good deal compared to other states or even other possible areas in California.

[SD Realtor]

Dooh lots of variables when you are talking about rentals.

First off you need to figure out what you are shooting for, cash flow or appreciation? There are alot of people that subscribe to the 50% rule. That is, your operating costs should not be more then 50% of the rent. So adding up all your monthly costs, if they are more then 50% of the rent, conservative real estate investors would say pass.

Also as pointed out, there may be better investments for 300k cash then what you are thinking of.

You need to specify all of the parameters better then you did in order for anyone to tell you if it is a good deal or not. Without even looking I can tell you that it is not a good deal compared to other states or even other possible areas in California.

[SD Realtor]

Dooh lots of variables when you are talking about rentals.

First off you need to figure out what you are shooting for, cash flow or appreciation? There are alot of people that subscribe to the 50% rule. That is, your operating costs should not be more then 50% of the rent. So adding up all your monthly costs, if they are more then 50% of the rent, conservative real estate investors would say pass.

Also as pointed out, there may be better investments for 300k cash then what you are thinking of.

You need to specify all of the parameters better then you did in order for anyone to tell you if it is a good deal or not. Without even looking I can tell you that it is not a good deal compared to other states or even other possible areas in California.

[SD Realtor]

Dooh lots of variables when you are talking about rentals.

First off you need to figure out what you are shooting for, cash flow or appreciation? There are alot of people that subscribe to the 50% rule. That is, your operating costs should not be more then 50% of the rent. So adding up all your monthly costs, if they are more then 50% of the rent, conservative real estate investors would say pass.

Also as pointed out, there may be better investments for 300k cash then what you are thinking of.

You need to specify all of the parameters better then you did in order for anyone to tell you if it is a good deal or not. Without even looking I can tell you that it is not a good deal compared to other states or even other possible areas in California.

[SD Realtor]

Dooh lots of variables when you are talking about rentals.

First off you need to figure out what you are shooting for, cash flow or appreciation? There are alot of people that subscribe to the 50% rule. That is, your operating costs should not be more then 50% of the rent. So adding up all your monthly costs, if they are more then 50% of the rent, conservative real estate investors would say pass.

Also as pointed out, there may be better investments for 300k cash then what you are thinking of.

You need to specify all of the parameters better then you did in order for anyone to tell you if it is a good deal or not. Without even looking I can tell you that it is not a good deal compared to other states or even other possible areas in California.

[Eugene]

107x monthly rent is as low as it gets outside Detroit and Cleveland.

[Eugene]

107x monthly rent is as low as it gets outside Detroit and Cleveland.

[Eugene]

107x monthly rent is as low as it gets outside Detroit and Cleveland.

[Eugene]

107x monthly rent is as low as it gets outside Detroit and Cleveland.

[Author]

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