Sometimes I get asked questions from my home buyers about investing in Santa Clarita real estate. One of the most common questions I receive has to do with the rental yield. That is, how much return will they get on their investment.
Ever Seen A Rental Yield Worksheet?
Here’s what I suggest. Click the link toward the top of my website, and click on the button that says Expert Home Finder. Search for some Santa Clarita home deals that look like decent investments. Then shoot me an email, with either the address or the MLS #, and I’ll return to you a rental yield worksheet.
What That Contains
The Rental Yield Worksheet will show you how much estimated income you’ll receive annually, it will show you what your estimated expenses will be annually, and it will show you what your estimated return on the investment (yield) will be after all the income and expenses have been accounted for.
Just today I saw the perfect condo for sale in the Saugus area of Santa Clarita. It was a 2 bedroom 1.5 bath condo. It could easily rent out for about $1,400-1,500 a month. The asking price on this distressed property is almost $170,000. Pretty good when recent comps are showing $190’s and low $200’s.
There are investment opportunities in the Santa Clarita real estate market. Will you find them? Do you need help finding them? And once found, do you need help figuring out the yield? ASK Robert! Reach me by email or at 661-373-2374.
Many of my investors look for condos priced under $250,000. Below is a list of Canyon Country (area of Santa clarita) condos listed as of today, that might be of interest to you…
[idx-listings city=”Canyon Country” statuses=”1″ propertytypes=”513″ orderby=”DateAdded” orderdir=”DESC” count=”10″ showlargerphotos=”true”]
