For a friend looking to pay cash on an inexpensive South Beach investment property… 642 MICHIGAN AVE # 17 Rental Income Estimate $800 x 12 = $9,600 Vacancy Estimate 30 days (-800) Taxes (Est.) $1,715 Maintenance $238 x 12 = $2,856 Prof. Service Fee (when Securing Tenant) $950 TOTAL = $3,279 (4%) 605 EUCLID AVE # 101 Rental […]