Updated about 2 years ago on . Most recent reply
First time buyer, paranoid
In mid 40s, first time LTR buyer. $145k property, 20% down, $1900 rent, Monthly cost $1492
Doesn't meet 2% rule at 1.13%. With 1 month rent going to RE agent, and 1 month for vacancy and 1 month set aside for repairs. Cash flow will be ($804). Am i working the numbers right or being paranoid per my age.