Investor Real Estate Accounts

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New House in Charlotte

first posted: 2019-08-04 09:59:35.267732

New House: New Numbers

This month, I am looking at adding another house to the Charlotte portfolio:

  • rentfaxpro score: 46
  • price $170k
  • rent: $1350
  • gross yield: 9.4%, net 6.3%, net - capex 4.6%

The rental yield is now so low that I need this property to appreciate in order to turn a profit.

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