Editing 1course Real Estate (section)

==== Real-Life Example: Financing a Successful Investment ====
Imagine you’ve found a duplex in a growing neighborhood priced at $300,000. You secure an FHA loan with a 3.5% down payment ($10,500). You estimate renovation costs at $30,000 and budget $5,000 for holding and closing costs. Your total investment is $45,500.

You lease each unit for $1,500 per month, generating $3,000 in monthly rental income. After accounting for mortgage payments, property management fees, and other expenses, you net $1,200 per month. This positive cash flow not only covers your costs but also provides additional income for future investments.