$10k in monthly principal and interest payments!

$10k in monthly principal and interest payments!

Investor · Avilla, IN · Member since 2013 · 796 posts · 769 votes

I'll be closing a $345k 12 unit tomorrow and that will put me at just under $10k a month in total principal and interest payments on my 42 units.

I'll continue to build my portfolio, but that's a decent number to think about as far as a monthly income when they're all paid off in 20-25 years. I'm 37 and can definitely see myself having a $250k a year "draw" from my business in my late 50's if not sooner!  

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  • Haverhill, MA · Member since 2009 · 293 posts · 157 votes
    11y

    Congrats @Brandon Hicks , seems like your on the right track for success. 

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