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305: The Rookie’s Guide to Analyzing Rental Properties and Airbnbs in 2023
Real Estate Rookie
How to Finance a Single Family or Duplex Property
In single family and duplexes, my insurance costs do become a little bit higher because of the liability portion of having two tenants. So this puts it at the monthly cash flow $116 cash on cash return, 11.22%, the purchase cap rate is 9.33%. And then the pro form on cap rate 6.53%. Your monthly income $2,100 a month, your monthly expenses $1,983 and seven cents. For a, I hold the property for 30 years, it's projected to have $860,000 in equity.
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