Should I Buy a Condo in Midtown Miami?
Chris at Cribfox (https://cribfox.com/) goes over whether you should buy a condo in Midtown Miami, a very popular, centrally located neighborhood in the booming Magic City.
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In this tutorial, we'll go over a real condo listing for sale in Midtown Miami that one of our customers asked us about, and we'll evaluate it using a rental property calculator to see if the cap rates, cash on cash returns and overall yields make sense vs other asset classes or the risk free rate.
We'll show you how to find information such as the public property taxes for the property, common charges, expected rental income & more that you'll need to be able to calculate your potential return on investment.
We think getting a sense of overall rates of return are the most important way to analyze a potential real estate investment in this volatile macroeconomic climate, especially with risk free rates at decade highs.
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Email: team@cribfox.com
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