A duplex is available for purchase near the university. You estimate that you can rent one of
Fantastic news! We've Found the answer you've been seeking!
Question:
A duplex is available for purchase near the university. You estimate that you can rent one of the units for $750 and the other for $650 a month. Expenses will be $125 a month. The current sales price is 165,000 and you estimate the property will be worth 360,000 in 10 years. What is your estimated annual IRR for this property?
Posted Date: