Do you want to break even in less than 5 years? How about less than 3 years? 3 bedroom 1 bath house in fair condition with long term renters. These renters are not interested in moving. The current renters are paying $500 per month so you will recoup your investment in a little over 4 years. If you raise the rent to the market amount of $900 per month, you will recoup your investment in 2.5 years. Estimated annual taxes are $750 ARV is $35,000
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