💰 Deal Snapshot
Price: $19,500
Beds/Baths: 2/1
Size: ~699 sqft
Your rent estimate: $870
Zillow rent estimate: ~$986/mo
Section 8 potential: up to ~$1,200-$1,288
📊 Rent Reality Check (Important)
Actual comps nearby:
Similar homes rent for:
$850-$1,050 in the zip
Nearby property:
~$986 estimate for THIS house
~$999-$1,122 for similar nearby homes
Details:💰 Deal Snapshot
Price: $19,500
Beds/Baths: 2/1
Size: ~699 sqft
Your rent estimate: $870
Zillow rent estimate: ~$986/mo
Section 8 potential: up to ~$1,200-$1,288
📊 Rent Reality Check (Important)
Actual comps nearby:
Similar homes rent for:
$850-$1,050 in the zip
Nearby property:
~$986 estimate for THIS house
~$999-$1,122 for similar nearby homes
👉 Your $870 estimate = conservative (safe)
👉 Realistic range: $900-$1,050
📈 Return Breakdown
💵 Scenario 1: Conservative ($900 rent)
Annual rent: $10,800
Expenses (taxes, repairs, vacancy): ~$3,500
Net: ~$7,300
👉 Return: ~37%
🏆 Scenario 2: Section 8 (~$1,200)
Annual rent: ~$14,400
Expenses similar
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