How Can I Ensure I Have Positive Cash Flow by Having Rent to Cover Mortgage and Other Expenses?
It really depends on how much money you put down, how much your monthly loan payment, taxes, insurance, HOA, property management, and any other miscellaneous fees run, what price you purchased at, and what you can get for rent for you particular home in its particular area. If you’re going to rent, we can break the numbers down with you so you have an accurate and realistic understanding of what your likely monthly revenues and expenses will be along with any income or negative cash flow.
