1% rule with interest rates

1 Reply

Originally posted by @Nelson Van :

Simple question here: with the interest rates being as low as they are how does this impact the percentage of purchase price you should look to charge(earn) for rent?

Financing a property has nothing to do with market rents in the area of the property. The rates are based on mortgage markets, the loan amount, location and borrowers' ability to qualify for financing. The performance of the property and rental market is independent of the rate.