Searching for a new home or an investment property? One thing to take into consideration is property tax.
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Our favorite picks for affordable real estate investing are Oklahoma City, Jacksonville, Orlando, and Tampa.
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Capitalization Rate = Net Operating Income / Current Market Value
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Another way to quickly evaluate long term investments is the 1% rule. Just multiply the purchase price by 1% and the number you get should be the minimum monthly rental payment.
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In the following series, we will take a look at easy calculations investors can use to determine whether or not a property is a “good” investment. This is part 1 of 4.
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