Recouping Initial Investment
Is there a basic calculation for the time it take to recoup the initial outlay when purchasing a rental property...for example:
If I buy a SFH at $100,000 with a 25% down payment and $10,000 in costs to ready for a tenant, how long does it take to recoup the initial outlay?
And what about mortgage vs. positive cash flow...say the mortgage payment on the purchase is $800/mo. and the rent is $1,300/mo....nowhere near the 2% rule....and does the fact that the tenant is building equity in the property matter?...or appreciation?
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Broker Ohio (#2021007233)
- 614-379-2017
- https://www.realizepm.com/
