real estate investing: Investment Property In Mobile County
- 01/16/12 02:44 PM
If you have been considering getting a piece of rental real estate for an investment, there has never been a better time! Here is an example showing how great a return on your money that can be. Let's make a couple of assumptions for the sake of this example: you are paying $100,000 for your property you are getting a 15 year loan at 8% you are paying 20% down you can lease the property for $1100 per month closing costs are $3000 repairs and updating cost $7000 insurance costs $900 per year taxes cost $600 per year routine maintenance is $600 … (2 comments)
If you have been considering getting a piece of rental real estate for an investment, there has never been a better time! Here is an example showing how great a return on your money that can be. Let's make a couple of assumptions for the sake of this example:
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