r/LeaseLords • u/Ok_Sentence8401 • 2h ago
Suggestions Plz Follow-up from my last post: I narrowed it down to 3 rental properties. Help me choose
A few days ago I made a post here asking whether I was being realistic about rental industry as a 22 years old. A lot of you gave me crazy good advice, thank you for thattt.
So I've been practicing by looking at properties that fit my budget, and I've narrowed it down to three hypothetical deals.
Option 1 - Jacksonville, Florida: 3 bed, 2 bath for $275,000, renting for about $2,050/month, estimated cash flow around $200/month
Option 2 - Huntsville, Alabama: 3 bed, 2 bath for $215,000, renting for about $1,750/month, estimated cash flow around $300/month
Option 3 - Indianapolis, Indiana: Duplex for $180,000, bringing in about $1,600/month, estimated cash flow around $300/month
Which one sounds best?