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It all depends on where the rental is, the type, etc. My neighborhood is just off the Energy corridor. I'd say about 5-10% of the houses here are bought/rented by ex-pats working in the US for a few years. Since most of these people are from Europe, and they are living someplace warm, they want a pool for the time they are here. In our group of friends, 3 families are ex-pats and 2 of them have pools.
One of my other neighbors, the wife works for BP. She is being moved to London for 4-5 years. They are renting out the house for $4200 a month. Without a pool, it would have been less than $3500 per month.
I think they own the house outright. Taxes run about $800/mth, and the maintenance costs (Pool, yard, on call service) is going to run $300-400/mth. So, he is netting about $3000 per month.
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
Last edited by red-beard; 05-27-2010 at 06:34 AM..
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