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Updated about 7 years ago on . Most recent reply

User Stats

8
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5
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Alexander Phippen
  • Real Estate Agent
  • Fairmont, MN
5
Votes |
8
Posts

Rural Rentals Analysis

Alexander Phippen
  • Real Estate Agent
  • Fairmont, MN
Posted

I'm having a hard time believing my analysis numbers. What am I missing? 

Listing price- 22,000 with no major flaws as well as I can tell. 

So for rent I can list for $400 a month

Mortgage-$118

Taxes-$15

Insurance-$15

Utilities-tenant paid 

repairs-$40 

capex-$40

Management- $40

vacancy-$20

Is it possible that I would be netting that much? 

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