Posted by Sean on November 10, 2000 at 07:28:16:
The question would be if you paid all cash for the property and the numbers continued as they are what kind of return on your money would you get?
$41,000 / $205,000 = 20 percent.
The next question would be can you continue the numbers at their current rates or perhaps even improve them? Is 20% return on money a good investment in your eyes?
If the answer’s yes then go for it.