🏡How much I make from this $40,000 house

Sean PanDec 20, 20250m 51s10.2K viewsScore 78
Pricing & Profitability
beginner
Profitability
Expenses
M

Summary

AI-generated

Sean Pan discusses how much profit he makes from a $40,000 house purchased at auction that required cash and some renovations. The property rents for $1,275 monthly, and after expenses, yields a profit of $888 before repairs. Additionally, the property's value has increased to $130,000.

Key insights

  • After property management (10%), insurance ($106/month), and property taxes ($154/month), the property generates $888 monthly before any repairs.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial