bb-booster domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6114primer domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6114There’s an easy rule to remember when buying investment property. If the rents exceed 1% of the sales price, you should be safe, assuming interest is under 5%. Rates are projected to increase in 2018, so be safe.
Simple Example:
If a property is $200,000, you must make over $2,000 in rent to cover principal, interest, taxes, insurance, repairs and maintenance. This is approximate based on the condition of the property.