Oddbean new post about | logout
 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 

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