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 7.5% 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"
By Minority Mindset | January 28, 2024 | Pending
From video
How To Start Earning Passive Income With JUST $1,000 (Step-By-Step) 01:07:56 - 01:08:21
Interpreted Prediction
With a 20% down payment ($20,000) on an $80,000 loan at 7.5% interest, the monthly profit is $40.

Prediction Details

Topic
Real Estate Investment (Financing)

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