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Reply to "better investment (cost to rent ratio), Delaware beaches or OBX?"
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[quote=Anonymous]Clear $80k-no. You can probably get $80k in rental income on a really nice property that rents well, but with maintenance and management fees you can expect to only take home about half of that. I've seen some guidance that you can expect to get about 5% of the value of the house in actual income. So that would be a little less than $50k on a $950k house. Less if you're going to use the house for a few of the prime rental weeks.[/quote]
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