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One Rental Property Can Send a Child to College !
Are you familiar with an APOD Form ? Can you fill one out ? If so do one on this property , 457 S Plum St. , Mt. Joy , PA . You will discover IMMEDIATE Positive CASH FLOW ! Here's the Data you'll need for your APOD ( P & L ) : RENTAL INCOME - $1050 per month / $12,600 per year Expenses - Real Estate Taxes - $ 2,523 per year Property Insurance - $ 360 per year Public Water - $ 460 per year (paid by tenant ) Public Sewer - $ 586 per year (paid by tenant ) Trash - $ 262 per year (paid by tenant ) Electric/Heat - $ 265 per month (paid by tenant ) Lawn Care - Provided by tenant Investment Real Estate has 4 Annual Returns : 1. Cash Flow 2. Tax Benefits/Savings 3. Appreciation 4. Equity Buildup (through the efforts of OTHERS ) Twice in my life , I've witnessed a Rental Property bought when a child was one year old be nearly paid off by the time ... more
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