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- REALEST - The Public Domain REAL ESTate Analyzer
- (c) 1986 Craig A. Lincoln
-
- This single page Lotus 1-2-3 program will analyze your real estate
- investments to determine the Return On Investment or ROI as a per cent.
- The results are often suprising. Moving from an apartment to a
- starter home can often yield a return of 30% to 60% after taxes!
- This means that to get the same after tax return from a
- money market or CD you would have to make 35% to 80% before
- taxes. Your first home is often the best investment that you will
- ever make.
-
- There is one discouraging result. It is almost impossible to make even
- 5% ROI when you move to a second or third home. Even 11% property
- appeciations are more than ofset by taxes, interest payments,
- insurance, and maintenance. With all those thousands of dollars
- that you have to put down, you will often lose money or just
- break even. The results are so bad that I rechecked the formulas
- at least a dozen times because I was sure that the numbers had to be
- better. My real estate agent was either lying or honestly did
- not know the truth.
-
- One last note. Try entering a "1" next to "Enter a 1 if rental prop."
- Then enter the rent that you would expect to receive from the property.
- No one makes money like landlords!
-
- I hope that this helps you. Craig. that you would expect to receive from the property.
- No one makes mon