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preeti sood Overland Park, KS
this will be our first time buying a STR:
Quick calculations: Would you buy a $1.25mil property that brings in $160k/yr in west Panama City beach? No HOA. Built in 2019. Other houses that are similar have 1k in expenses/monthly. Putting down 20% at 3.375 interest rate 30 yr fixed. Projections for next year $180k (I doubt this number). CoC 13% at current numbers (using a property management), 25% (self managing). Yes or no and why? Thanks!
melissa w. Naperville, IL
Jan 17 2022, 03:44 PM
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