Q&A: We Save $5,000 Per Month. Where Should We Invest It?
Afford Anything
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Calculating Cap Rates and Analyzing Investment Potential for Condo Ownership
The chapter explores the dilemma of whether to sell or rent out a condo, emphasizing the significance of calculating the cap rate to make informed decisions. It delves into the process of determining net operating income, assessing various revenue streams and deducting expenses. The discussion highlights the importance of making financial decisions based on mathematical analysis and understanding the long-term benefits of owning a rental property.
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