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Updated about 12 years ago,
ROI for large purchases and small
I have been looking at MFR and three bed two bath are nice, however, they are much pricier than 2 bed 1 bath and bring in the same ROI due to larger/smaller mortgage costs. Although I can ask higher rent for the three bed, the mortgage is higher which reduces my cash flow. I'm wondering if I should free up more working capital and go with the 2 bed at a lower price/lower rent instead of the 3 bed/higher rent...I am finding out that it's the same ROI in my area. Lafayette, Indiana.
Koel