Property managers typically charge a monthly management fee between 7 percent and 10 percent of monthly rental income. (realtormag.realtor.org)
If you are refinancing, and you have owned the property for less than two tax years, you can use 75 % of the gross monthly rental income from the property. (mortgage-x.com)
For instance, some homeowners might tap their home's equity to invest in rental property that will both generate monthly rental income and, hopefully, grow in value over the years. (oldnational.com)