My understanding is that a property is only positive cash flow if the rental covers:
- mortgage
- tax
- insurance
- maintenance fee + sinking fund
- average annual upkeep expenses (miscellaneous replacements e.g. bulbs, painting touch up etc.)
Any rental properties that actually offer that ?
I'm very much a beginner on property, appreciate if any seniors could share their views on this
Oct 24 2016, 08:05 PM
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