: This measures the actual return on the cash you personally invested (down payment + closing costs). Aim for 8%–12% to outperform traditional stock indexes. 2. Prioritize Location over the Structure
: Expect about 50% of your gross rental income to go toward operating expenses (taxes, insurance, maintenance, and vacancies)—this does not include your mortgage payment. buying first rental property tips
Don’t guess your potential profit. Use these standard industry heuristics to quickly filter properties: : This measures the actual return on the