Annual return rate for W M Condo Purchasing | ||||||
Monthly Payment | $ 1,400 | Rental | $ 1,800 | |||
# of Month | 300 | # of Month | 300 | |||
Amount Paid | $ 420,000 | |||||
Principal | $ 50,000 | |||||
Estimated Closing Cost | $ 12,500 | |||||
Total Payment | $ 482,500 | Total Rental Income | $ 540,000 | |||
Total Reutrn | $ 57,500 | |||||
Total Reutrn Rate | 12% | |||||
Annual Return Rate | 0.5% |