If you buy a property for $1,000,000 and mortgage is 70% and down payment is 30%. Your
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If you buy a property for $1,000,000 and mortgage is 70% and down payment is 30%. Your annual mortgage payment is $50,000 which includes $35,000 principal payment and $15,000 interest payment, your annual cash flow from the property after taxes is $10,000 and property price went up in value $10,000. Your return on asset will be:
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