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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesConfused about rental property formula
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Napoleon Jones
  • Member since Aug 3, 2008
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Napoleon Jones
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Napoleon Jones
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General Landlording & Rental Properties

Confused about rental property formula

Napoleon Jones
Posted Aug 3 2008, 10:50

I am a little confused about the formula for calculating if a deal will bring positive or negative cash flow. I know the formula is Rent/2 - Mortgage = +/- cashflow. Now is that a PITI mortgage or just a PI mortgage?

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