{
  "url": "sellingrealestateflorida.com/faq/how-do-i-determine-a-realistic-budget-for-a-rental-income-property-purchase",
  "name": "How do I determine a realistic budget for a rental income property purchase?",
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      "name": "How do I determine a realistic budget for a rental income property purchase?",
      "@type": "Question",
      "acceptedAnswer": {
        "text": "To determine a realistic budget for a rental income property, consider the property's purchase price, closing costs, renovation expenses, and ongoing operating costs like property taxes, insurance, and maintenance. Lenders will also assess your debt-to-income ratio. Kelby Contreras assists clients in developing a comprehensive financial picture tailored to investment properties, factoring in potential rental income to assess profitability.",
        "@type": "Answer",
        "description": "Determine your budget by including purchase price, closing costs, renovations, and ongoing operating expenses, plus potential rental income."
      }
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  "description": "Determine your budget by including purchase price, closing costs, renovations, and ongoing operating expenses, plus potential rental income."
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