Average ROI for SFH's ?
Hey BP...my only experience so far is with the 4plex and apt/rooming house commercial apt Bldn I own.. SFH's in the area run for about 15-20k and rent between 450-500(tenant pays all utilities besides for a 49.50/unit or house sewer fee).....I do all maintenance myself and after taxes, insurance and sewer I'm estimating id clear around 4k a year (given nothing serious goes wrong)...the rental market is strong and the houses I've looked at need minor cosmetics only...I figured I'd get my feet wet with just one home and if goes good invest more... The numbers look good to me but I was wondering if anybody had an advice/input ??? Any feedback would be greatly appreciated !!