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Investing in turnkey rentals.. 💔

I compare a sample Tampa long-term rental with a PadSplit scenario to show how financing and rental strategy change projected cash flow.

Published · 0:55

About this video

The clip uses a simplified calculator example from the recording period. A different purchase price, interest rate, or operating budget can reverse the result; neither strategy works for every house.

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Source: YouTube captions (EN). Original wording is preserved and may contain transcription errors or outdated statements. It is separate from the reviewed summary above.

Caption transcript. This text is pulled from YouTube captions and may contain minor wording errors.

[00:00] now are you curious about what numbers look like on a long-term rental and Tampa let me show you what a starter home looks like all right here's a calculator that I put together and by the way if you would like this calculator just message me Below in the comments calculator and I'll make sure

[00:13] you get a copy but here is a standard T Tamp like starter home it's 300K your numbers could be a little bit different 20% down 7 negative $760 a month it's undoable now what happens if you put 50% down you're not even break even so forget about you know anything close to Cash out refinance even with a a much

[00:31] better deal and a rehab budget um let's switch over to another copy of the calculator which is for a pad split calculation and this is 20% down but positive $540 a month and if we go to 25% down you're positive 655 a month so that is just the power of switching to a a

[00:51] working strategy right now uh anyway I hope that helped you

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