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A comment on Ask HN: What is your money-making side project outside programming?. Parent comment

Re:Ask HN: What is your money-making side project outside pr... by tunesmith on Sunday April 21, 2019 @06:34PM (#19715011)
You're saying that if the house sold for $500,000, you should keep it if you can rent it for $5,000 / month or more?

I've heard of 5% of 1/12th of the projected sale price, which seems more realistic.

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Re:Ask HN: What is your money-making side project outside pr... by mrfusion on Sunday April 21, 2019 @07:50PM (#19715293)
Yes $5000/month would make that a great property. Look up the one percent rule.

There are lots of other things to consider but it’s a great quick rule of thumb.

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