[FONT="]An example of a rental home we have, bought in 2013 for $77,500, rented for $805/month, after expenses putting in our pocket (ignoring tax write off's) a consistent $583/month. This is a 9% "annuity", from an appreciating asset that can be left to the spouse, kids, etc.[/FONT][FONT="][/FONT]
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[FONT="]If you found similar deals, $240,000 represents three such units, which in theory would be monthly payments of $1,749, as well as capital appreciation, that can be inherited by a spouse, child, etc. [/FONT]
Your mileage may vary...
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[FONT="]If you found similar deals, $240,000 represents three such units, which in theory would be monthly payments of $1,749, as well as capital appreciation, that can be inherited by a spouse, child, etc. [/FONT]
Your mileage may vary...