My rental pulls in .5%.
It is doing ok. Good tenants, 100,000 mortgage and 375,000 worth. Will pay it off this year. 2008 home in TN.
I will retire in it and sell my primary home.
Our rental pulls in .5% also. Worth $800k
NO mortgage is nice.
No way it could ever justify 1% - and in today’s world I don’t think any property could.