ilmscore | Prediction Details
"if you were to put down 20% that would be $20,000 so now you put down $20,000 that's your equity and you're going to be borrowing the other $80,000 and if you borrow the other $80,000 at say 7 1.5% interest that means now your interest rate is going to be costing you $560 a month which means you have a $40 a month profit now which $40 a month * 12 is $480... now it's about a 25% return on your money when you factor in debt"
By Minority Mindset | January 28, 2024 | Pending
From video
How To Start Earning Passive Income With JUST $1,000 (Step-By-Step) 01:07:51 - 01:08:48
Interpreted Prediction
Financing an $80,000 loan at 7.5% interest on a $100,000 property with a 20% down payment ($20,000 equity) results in a 25% return on investment after factoring in debt.

Prediction Details

Topic
Real Estate Investment Yield (Debt Financing):

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