APPROXIMATE ANNUAL NET RENTAL RETURN = $8,000 / $100,000 = AROUND (( 8% ))
YOUR APPROXIMATE ANNUAL NET RENTAL RETURN = $8,000 / $100,000 = AROUND (( 8% ))
FOR EXAMPLE,
IF UR LAS VEGAS HOUSE PURCHASE PRICE = $100K
ANNUAL RENTAL INCOME WOULD BE AROUND = $1,000/M X 12 = $12,000
ANNUAL PROPERTY TAX = AROUND 1% OF $100K = $1,000
ANNUAL HOA FEE = AROUND $50 X 12M = $600
OUR PROPERTY MANAGEMENT FEE = 8% OF UR RENT $12,000 = $960
YOUR ANNUAL FIRE INSURANCE = $400
1 TIME TENANT FINDER'S FEE = $600
==================================================================
SO YOUR APPROXIMATE ANNUAL NET RENTAL RETURN = $8,000 / $100,000 = AROUND (( 8% ))
FOR EXAMPLE,
IF UR LAS VEGAS HOUSE PURCHASE PRICE = $100K
ANNUAL RENTAL INCOME WOULD BE AROUND = $1,000/M X 12 = $12,000
ANNUAL PROPERTY TAX = AROUND 1% OF $100K = $1,000
ANNUAL HOA FEE = AROUND $50 X 12M = $600
OUR PROPERTY MANAGEMENT FEE = 8% OF UR RENT $12,000 = $960
YOUR ANNUAL FIRE INSURANCE = $400
1 TIME TENANT FINDER'S FEE = $600
==================================================================
SO YOUR APPROXIMATE ANNUAL NET RENTAL RETURN = $8,000 / $100,000 = AROUND (( 8% ))
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