What If I Buy A $ 200 000 Apartment In Miami And Rent It Out ?good Investment For A Non-us Resident?

Why Miami? There are tons of other areas in the country where you can rent a house for positive cashflow. Don’t lock in on just Miami. Also make sure you have a good property manager to collect your rents since you’re far away. Check out other areas in the US where properties can be rented for positive cash flow. For example in Baltimore, MD you can get a 3-6 unit for that price and the cashflow would be better on a multi-unit. Also a good place to check rents in an area is http://www.rentometer.com
Happy Investing!

You cannot figure out how much rent you can charge from the purchase price. You CAN figure out if it’s a good investment if you know the costs (taxes, loan payment, your utility costs, etc.)
and the income amount (gross rents).
Usually we use a “Capitalization Rate Analysis” with income producing Real Estate. Personally, I’d like to see a “Cap Rate” of 10%, but in most areas, it’s probably closer to 7%.
Never mind that, as it gets a bit complicated for a forum.
A man on the street analysis is 10% of purchase price.
So if you can get $2,000 per month, it’s an excellent deal at $200,000 purchase price. This however is unlikely.
Again, there’s not enough information here, if it’s a home (only one unit or a “single family residence”, it is unlikely you’ll get $2,000 a month, usually you cannot get more than $1,500 per month in most markets. This is because if they (renters) have $2,000 a month, won’t they buy one themself??? Also true at $1,500 a month in my opinion.
If you have the ability to buy a $200,000 piece of Real Estate, my advice is to buy a multi-unit in a college town. Single bedroom units are best. So, in some of these college towns, you can get a 4unit for $200,000. Perhaps you can get $500 for each unit, now we’re back to good numbers ($2,000 a month for a $200,000 property). Happy Investing!