baerwaldt on Nostr: Modern day monopoly in play: 👇🏼👇🏼👇🏼👇🏼👇🏼 #bitcoiners can ...

Modern day monopoly in play:
👇🏼👇🏼👇🏼👇🏼👇🏼

#bitcoiners can hate on real estate all day long.

Here are the numbers for a duplex I own in the Midwest

Gross rents: $3190
PTIT: $1297
PM: 6%
Maint: 15%
Vacancy 5%
Utilities: 1%

Total expenses: $2160

Total cash flow: $1030

Add deprecation + tax write offs and you have what is called a money udder 🐮

Cash flow (#fiat) ➡️ #bitcoin