RETURN ON INVESTMENT = 10%
Return on investment need to be 10% or DON'T BUY
If BUY, then do so with CAUTION.
For example
Buy a $400,000 property
Down Payment $100,000
Get $10,000 a year net income
= 10% return
So, in 10 years, get money back
And
How to calculate increasing value when increasing rent?
If you increase rent $75 a month for 12 months on a 272 unit
$20,400 x 12 month = $244,800 net operating income
6% cap rate given original before increasing rent
$244,800/ 6%
= $4 million in value
DO YOU WANT TO INVEST IN REAL ESTATE?
If you are going to buy a rental income property, then why not buy ALL 4 of them for about the same price?
BUY a 4 PLEX, or an 8 PLEX or even a 32 UNIT Apartment.
For example, when buying a single-family home as a rental property – you get one rental income check a month
BUT…
When buying a 4 PLEX (or more) – you can get 4 (or more) rental income checks a month.
CALL US FOR MORE INFO & LET US SHOW YOU HOW!
BENEFITS of buying a 4 PLEX:
1 – INCOME - Get MORE than 1 rental income checks
2 – BENEFITS - Get Tax Benefits
3 – APPRECIATION and DEPRECIATION – Increase your income and reduce your expenses.