Recent content by IsaRose

I wouldn’t jump straight to $1,625. Compare the annual gain from each possible increase with a realistic turnover scenario. Even a short vacancy plus cleaning, repairs and marketing could consume much of the first year’s difference. If permitted under the rules that apply to this property, a...

I keep going back and forth between treating 7.2% as a promising starting point and treating it as a distraction from the net cash flow. The property is a 4-bed new-build flat in Austin priced at $1,170,000, with projected rent of $7,039 per month. On paper I have allowed for empty periods...