Investment Calculator
Investment Calculator in Real Estate Would you invest in something […]
Investment Calculator in Real Estate
Would you invest in something that gives 290% return if you had to wait 30 years?
For example, let’s say you buy a house today for $500,000. In 30 years, that real estate investment will be worth $1,450,000. You can boost that investment further by paying an extra $200 monthly to pay off the 30-year mortgage seven years early.
As a general rule the stock market yeilds 6% return. The real estate market has had an average 4% return from the 1990’s to today. Real estate’s investment increase doesn’t account for tax deductions that are provided for real estate.
Everyone has to live somewhere. You might as well have where you live make you money.