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Reply to "Buying a rental property?"
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[quote=Anonymous]I have a TH bought pre covid and refinanced to low 2’s 30 year rate. Considering to rent it out when we move to a SFH, based on comps we will cash flow $500/mo after taxes and tax breaks are taken into account. Additionally our principal pay down would be $800/mo. Appreciation is the wild card but assuming 3%/year this is only moderately outpacing the returns we’d get if invested the equity into the S&P 500. Feels like it’s not worth the hassle to be a landlord [/quote]
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