• Assuming each property rents for $1000 and is valued at $100K (The 1% Rule When Renting) and assuming you net $800 after taxes, insurance and repairs
  • After you have 10 properties, that’s $8000 / mon in cash flow - $800 * 10, so it would take 12.5 months to purchase a $100K home just from your cash flow - $100K / $8K =12.5 (Plus you are a millionaire because you own 10 properties worth $100K+ = $1 Mill+)
Posted by Matt Curtis on
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