My first rental property was $46,000.
I put $10,800 down.
It rents for $850/mo + I set aside 5% of rents for down payment assistance if the tenant wants to buy the house.
After all expenses I make $300/mo in cash flow. It seems small but that’s $3,600/yr of mostly passive income.
Imagine what you could do with an extra $3,600/yr…
This is the slow steady road to financial freedom.
#realestate #FIRE #financialfreedom #financialindependence #passiveincome #investing #realtor #realtorsofinstagram #doesyourrealtorinvest? 😉
