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Evaluating your rental property

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NewUrbanGirl

Beach Lover
Okay, geek alert! :blush: Just curious how other folks evaluate their rental properties. I was running some numbers this a.m. and looking at net rental $$ as a % of property value, which was interesting to compare properties. I also looked at net $$ per square foot, and rental as the numerator on an expense denominator (with and without mortgage). Of course, there is the old "how much $$ is in my pocket at the end of the year" standby, but just curious if there are any other interesting ways y'all look at your rentals.
 
One way used by many is to calculate the ROI (return on investment) -- amount of income, less costs, divided by the amount of money you have invested in the property.
 
I realize that this posting is off topic, but here goes! I took a tour of your Little Beach House website, shown on your thread and am extremely impressed!:clap_1: Not only did you develope a very informative, thorough and professional website, but your photos were fantanstic! Anyone should thoroughly enjoy, your romantic Little Beach House!:wub:
 
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