slumlords are a symptom of an ailing system, page-74

  1. 1,469 Posts.

    damien you are strugling.! lol


    for example

    if you house is $300K you get approx $12K in rent

    if your outstanding debt on the house is $150K interest is about $13.5K at 9%

    there for you get near the point where interest and rent break even

    do you want a drawing to help expain too?





 
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