August 2018

Found 1 blog entry for August 2018.

Is it time to sell or buy your rental property in Fairlington or other Arlington County  communities?  Here are some things to consider…

 

  •          Can your return be higher elsewhere?
  •          How do you take advantage of depreciation?
  •          How do you take advantage of a Sellers’ Market?
  •          How do you take advantage of the tax benefits of a 1031 exchange?

 

Based upon current rental rates in Fairlingon, the estimated cash on cash return for a one bedroom Fairlington Condo unit is between 3.5% and 4% before depreciation and repair expenses.  Taxes, insurance, management fees, and condo fees can add up in Fairlington.  I personally try to find a 6% cash on cash return on my investment properties before depreciation. 

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