Rental property cash flow & equity after one year

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A year after we decided to turn our first home into a rental property I've been looking at the numbers to decide if it was worth it for us.

In this first year we did not have any major problems and we cash flowed a small amount of money we were able to save. We also gained some equity which felt substantial to us.

Was becoming a landlord worth it? For us, yes, and the numbers back up that feeling. We use Baselane for all of our rental numbers so we can gain clarity and make better choices about this property.

✅ Try Baselane for rental property banking and bookkeeping: https://createwithpennies.com/baselane

Disclosure: Baselane is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

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