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In Albuquerque in 2023, Should You Rent or Own???

Owning or Renting a House

The answer to the age old questions is… BOTH!

You should own your home AND rent it out using a professional property management company!

Hint: Call Real Property Management Rio Grande… 505-292-4765   https://www.rpmriogrande.com

Simple math hypothetical example (all numbers for example only):

THE NUMBERS KEEP GETTING BETTER EVERY MONTH!

  • 200,000 home in Albuquerque
  • 40000 down payment
  • monthly payment on 30 year mortgage at 4.0%
  • 300 taxes and insurance
  • Rent is 1500
  • Property Management Fees are 165 per month.
  • expenses for the property (repairs, maintenance, replacements) are 1700 per year
  • your cash flow goes from $129 per month to $350 per month over the first 5 years.

But when including principle payment, home appreciation, and tax benefits, the return exceeds 20% per year … and this gets better year after year and gets better with inflation!

 

 

Enter your data on this calculator. We can walk you through finding your return and the best investment

https://www.calculator.net/rental-property-calculator.html

 

Should you rent or own? Rent out the house you own and make great returns with Real Property Management, Rio Grande. After you see the benefits of working with us, you’ll want to rent or own multiple properties with us!

Mark Webb, Owner

Real Property Management Rio Grande

www.rpmriogrande.com

O: 505-292-4765

Property Management Albuquerque

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

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