Episode 196 of the daily Toronto Real Estate Musing video blog. George O’Neill vlogs about how real estate investors assess return on their investment (ROI) when deciding to purchase real estate properties, using Payback Period.
Payback Period in # Years = (Initial Investment) / (Yearly Net Income)
where: Initial Investment = Downpayment + Closing Costs
If you are interested in Beach or downtown Toronto real estate or wish to discuss this topic further, please email George@GeorgeONeill.ca or leave a comment below.
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