Turn Key Rental Properties in Florida

Investing In Real Estate With Lex Levinrad

English - September 17, 2018 16:15 - 15 minutes - 23.3 MB - ★★★★★ - 161 ratings
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We have a lot of questions coming in asking about rental properties and turn key rental properties.

Today's podcast episode talks about Turn Key Rental properties in Florida.

On this episode I discuss a typical turn key rental property that we sell to our investors with property management included.

The example that I used on this podcast is a 3 bedroom 2 bathroom house in Port St Lucie, Florida. This house can be purchased for $175,000 and would rent for $1,350 per month.

At this price assuming a 20% down mortgage and an interest rate of 5.25 percent, the annual total return on investment would be a little over 10%. This includes cash flow, tax savings and principal pay down.

If you would like to see pictures of this property you can them on my web site at:

https://www.lexlevinrad.com/turnkeyrentalproperty