Re: Income to rent ratio - Landlord Forum thread

Re: Income to rent ratio by OK-LL on May 24, 2012 @13:58

A general standard is NET income s/b 3x rent, with an eye on the monthly debt payments outside of rent & utilities. You can even find a USDA chart online that will estimate what it costs to feed a family of X number, taking into consideration males/females/ages, etc. Remember, if the tenant is living at the high end of his income, the first flat tire will cause him to stumble, no matter how large his income.

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