A boat slip in Marathon Key, it can host a 70 foot boat, it is for sale at $84,000.
You pay $250 per month in marina fees and insurance.
You pay $1,200 per year in property taxes.
It can be rented for $800 per month.
You net $5,400 per year.
Close to zero maintenance expenses, wear and tear, tenants complaining or breaking things.
$5,400 in your pockets, over an investment of $84,000 means a 6.4% ROI.
No brainer.
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