Hello, not sure if this is off topic but I'd love to hear what you think about the 1% rule of thumb - does it apply to new properties in the US the same way as it does with old properties? Do the percentages change depending on the age of the property?

1% is probably not going to work for new construction. Given the tendency to build higher end new homes. Older homes definitely cash flow more, maybe closer to 1% but you have to factor in other costs like older appliances or HVAC, etc.

Are you investing from abroad?

Are you asking if a 1% deal on a new home will cash flow equivalent to an older home?  Then the answer is no because your repairs and maintenance will be drastically lower.  For me, I tend to see I can be cash flow positive of ~$100/door at the 1% rule with a 5% 30y loan on an older home (typically 70s era) in my area.  For me I see all my other costs are typically ~40% of gross rent.  If I paid the same price for a newer home that rented for the same amount with the same loan, I would have more cash flow because repairs/maintenance are lower.  In your area, I expect it will be different, depending on taxes and rents in your area along with what loan product your using.

@Martin Galabov I think you can hit 1% on a second unit added (like an ADU). In my area I can build a small 1 bed house for $75000 or so in a backyard. It will rent for $800-$1000 depending on location. That would also drag up your overall average income.