#1
Location: metro Atlanta
House value – $325,000
Prep: New purchase with cosmetic renovation: paint, flooring, repairs, fence/deck installation
LTR: no utilities and internet
| Long Term Rental (LTR) | Mid-term Rental (MTR) | |
| Mortgage and Expenses | ~$2,200 | $2,000 |
| Avg. monthly rent | $2,100 | $5,500 |
| Net | $100 | $2,500 |
Deciding on Mid-Term Rentals: How to Determine if It’s Right for You
#2
Location: metro Atlanta
House value – $400,000
Prep: existing long term rental property – paint and repairs only
LTR: no utilities and internet
Note: located in a good schools area
Note: this house used to be a LTS and was converted to a MTR – a “conversation” house
| Long Term Rental (LTR) | Mid-term Rental (MTR) | |
| Mortgage and Expenses | $2,500 | $2,000 |
| Avg. monthly rent | $2,100 | $6,500 |
| Net | $400 | $4,500 |
Deciding on Mid-Term Rentals: How to Determine if It’s Right for You