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Updated over 5 years ago on . Most recent reply

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3
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0
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Keith Holt
  • Rental Property Investor
  • Cornelius, NC
0
Votes |
3
Posts

Appreciation or Depreciation?

Keith Holt
  • Rental Property Investor
  • Cornelius, NC
Posted

The question is is it better to appreciate or depreciate?

Single family rental in the Keys:

Purchase price. $362,000

Cash out of pocket. $4000

Morgage and insurance $2000

Rent. $2600

Monthly profit

—————————-

2020. Class A RV motorhome

Purchase price. $126,000

Cash out of pocket. Zero down

Monthly payment $800

Rental income. $6000

Rental management. $3000

Monthly profit. $2200

What should I buy next another rental house or another RV?

What would you do?

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