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Zohra Abuzal…, Real Estate Pro in Honolulu, HI

What U.S. cities yield best "Profit Margin" on residential investment properties worth $150,000 ?

Asked by Zohra Abuzalaf, Honolulu, HI Thu Jan 24, 2013

Profit Margin = Average Annual Net Income / Property Value
For example, let's consider a $150,000 unit in Honolulu.
(Approximate average annual amounts)
Lease: 14000
- Maint Fee: 3000
- Insurance: 300
- Tax: 700
Net Income 10000
Profit Margin = 10000 / 150000 = 6.6%

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Answers

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I'm not sure this is the end all be all list .... but here is a recently published article that might give you a start...
http://www.inman.com/reports/10-markets-invest/index.html

This one from Money is a little older:
http://money.cnn.com/galleries/2011/real_estate/1107/gallery…

Of course I like Texas....that's where I live so I'm probably biased...but rents are good, prices still low, lots of demand for rentals, and lots of people moving here. It is creating pressure and not enough money for apartments to be built to handle the demand.

Check out this article on why to invest in Texas:
http://recenter.tamu.edu/pdf/1976.pdf
0 votes Thank Flag Link Thu Jan 24, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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