Darren Rootstein
    Darren Rootstein
    darren@teamprice.com
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      • Darren Rootstein
        darren@teamprice.com
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      • Team Price Real Estate
        7320 N Mo-Pac
        Austin, TX 78731
        (512) 213-0213
        dan@teamprice.com

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      Central Texas Multiple Listing Service

      Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Darren Rootstein may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

      Austin Board of Realtors

      The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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      1 Percent Rule for Investors

      The 1% Rule is a popular guideline used in real estate investing to assess the potential profitability of a rental property. Essentially, this rule suggests that the monthly rental income of a property should be at least 1% of its total cost, which includes the purchase price and any necessary repairs or renovations. For instance, if a property costs $100,000 to buy and requires $10,000 in repairs, the total cost becomes $110,000, and the monthly rent should be at least $1,100 (1% of $110,000) to meet the 1% Rule. Keep in mind, however, that while the 1% Rule can be useful, it's important to take into account other factors such as location, vacancy rates, and maintenance costs when considering an investment property.

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