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Updated almost 12 years ago on . Most recent reply

Account Closed
  • Dacula, GA
0
Votes |
16
Posts

Will my primary residence cash flow?

Account Closed
  • Dacula, GA
Posted

So I've been reading about the 2%/50% rules on rental properties, but would still appreciate your opinions on my primary residence as a rental. Here are the numbers:

67k owed on the property

$1, 000-1, 200 comparable rents

Mortgage w/taxes and insurance $580 mo.

If I land a renter somewhere between those numbers, would the property cash flow nicely ornot

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