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Updated almost 6 years ago on . Most recent reply

Joe Nasr's profile image
Joe Nasr's profile image
Joe Nasr
  • Real Estate Agent
  • from Los Angeles, California
  • Member since Mar 5, 2016

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13
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Joe Nasr's profile image
Joe Nasr's profile image
Joe Nasr
  • Real Estate Agent
  • from Los Angeles, California
  • Member since Mar 5, 2016
Joe Nasr
  • Real Estate Agent
  • Los Angeles, CA
1
Votes |
13
Posts
Starting Out

Income properties calculations

Joe Nasr
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hi,

I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income? I have been told 45% of gross income but there doesn't seem to be any properties that fit these parameters.

Any help is much appreciated!

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