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Updated over 8 years ago on . Most recent reply

User Stats

224
Posts
142
Votes
Thomas Lorini
  • Real Estate Agent
  • Irvine, CA
142
Votes |
224
Posts

Agree or Disagree? 20% down 3% app = 15% return

Thomas Lorini
  • Real Estate Agent
  • Irvine, CA
Posted
Just read this statement: “...if I put 20% down, the property appreciates 3% per year and the mortgage is always getting paid down every month, that’s a 15% return on my money every year. NOT including cash flow. If that’s my ‘worst case scenario’ (which it never is), I can live with that return” Do you agree or disagree with this statement?

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