Creating Income while growing your Wealth 1603 Winchester Update
<p>This property was purchased in July 2020 and leased in Sept 2020. Let’s look at the rental numbers on this property.</p>
<p>There was almost no maintenance over the last 3 years on this property.</p>
<p>Approx Numbers prior tenant Rent $1300 Tax $225 Insurance $60 PM $125 net $890</p>
<p>Leased for 38 months $32,040 in lease after taxes,insurance and property management</p>
<p>Let’s look at the projected new numbers after $8,050 updating. That’s only $2.000 a year. Great properties get great tenants that take care of their property.</p>
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