You can use a BUNCH of metrics to help analyze the potential profitability of a rental property - ROI, IRR, Cap Rate, Rent Multipliers, ...*drones on and on*...
Which one is best? What metric is MOST valuable when calculating your return for a Turnkey purchase? You'd need something that takes into account your initial investment and what you're going to make back, but that could be a thousand different options. On top of that, once you decide on the metric to use, what value of that metric should you aim for?
Join me as I tell you the answer!
50% Complete