Lex Levinrad Real Estate Investor, Speaker, Author & Mentor

We have a lot of questions coming in asking about rental properties and turn key rental properties. Today's podcast episode talks about Turn Key Rental properties in Florida. On this episode I discuss a typical turn key rental property that we sell to our investors with property management included. The example that I used on this podcast is a 3 bedroom 2 bathroom house in Port St Lucie, Florida. This house can be purchased for $175,000 and would rent for $1,350 per month. At this price assuming a 20% down mortgage and an interest rate of 5.25 percent, the annual total return on investment would be a little over 10%. This includes cash flow, tax savings and principal pay down. If you would like to see pictures of this property you can them on my web site at: https://www.lexlevinrad.com/turnkeyrentalproperty