How do I determine the ROI for a rental property? Alli Parkinson
Determining the Return on Investment (ROI) for a rental property will help ensure you're going to make money long term. The longer you own the property, the more of your monthly payment will go toward your principle balance. Having a tenant in place to pay the mortgage on the property will help you build equity and only worry about repair costs.
Check out our YouTube videos: How to Calculate Profits on a BRRR Deal, Rental Properties - Determining ROI, Rental Properties - Determining Financials, Should I Sell or Rent My Property After Flipping It?, Questions To Ask When Investing in Rental Property, How to Rehab a House for a Rental, How Do You Evaluate a Potential Rental Property, How Do I Find a Good Rental Property
You can access our Free Rental Calculator by visiting dohardmoney.com/rental-calculator.
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