ilmscore | Someone set my rental on fire!

Someone set my rental on fire!

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Two units in the triplex were rented out, generating approximately $1,000 per month in rental income, which covered mortgage, insurance, and taxes.
"so we finally got it put two tenants in making about a thousand dollars a month so my mortgage is paid insurance is paid taxes are paid"
Rental Income
Pending
Finishing renovations on the fire-damaged unit are estimated at $15,000 and are expected to generate $400-$500 per month in rental income.
"the finishing renovations on the circle be fifteen grand and we'll get probably $400 a month out of it but now the market keeps going up and higher and higher and higher we're gonna make this a nicer unit so I might get $500 off of it"
Renovation Costs and Rental Income
Pending
The total investment in the triplex is estimated to be around $55,000, with all three units rented out and generating $1,500 per month in total income (implying $500 per unit).
"so after it's all said and done we don't have I mean we bought it for fifteen probably put twenty-five or thirty I don't have the numbers offhand on the other two units making them pretty nice getting them rented out $5,000 for all the trenching and stuff so after it's all said then I want to say we'll have like fifty five thousand in it for free read three units in here making fifteen bucks a month which really isn't bad a bad return"
Total Investment and Potential Return
Pending
The speaker estimates a total investment of approximately $55,000 in the triplex property.
"so after it's all said then I want to say we'll have like fifty five thousand in it"
Property Value
Pending