Math Question: If I am investing $300,000 in bonds that would pay 7% interest annually or using the money to buy rental property. How much money would I have to receive in rent for the rental property to give me a higher return on my investment
Asked By Darlene On 04/21/2020 23:14
Math Answers
Your bond would net you 21000 during the first year.
If you used the money on a rental property, 21000 / 12 months = 1750 per month.
you would have to charge above 1750 per month to be more than your investment.
Answered On 04/23/2020 17:45
Answered On 04/23/2020 17:45
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