Quote:
Originally Posted by directfiesta
I am near retirement ....
I am puting most of my funds in real estate .
I hope to close tomorrow a rental property for 359K, with 60K down, making payments of 1725/month , and income on rents of 2265.oo .
With the principal of 5300.00 paid yearly, I net 11k on 60 K ...
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Better hope nothing goes wrong on the property
tax and all that I would guess you will be lucky to break even..