https://innago.com/1-rule-calculator/
The 1% Rule is a straightforward guideline suggesting that the monthly rental income generated by a property should be at least 1% of the total purchase price. For example, if a property costs $200,000, the expected monthly rental income should be at least $2,000. This rule provides a quick way to evaluate the potential profitability of a rental property before committing significant capital.
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