What is 1% rule for renting a house?

来源: 2012-02-03 18:20:57 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

If the purchase price of the whole house is: 500K

The land is 200K, the house price is 300K?

The rent is 3K.

Then does it means: 3/300K=1%?

Thanks.