ilmscore | Prediction Details
"let's assume for the purposes of this video that you can buy this property right here for $100,000 and this property is going to rent out for let's just say $1,100 a month and you have $500 a month worth of expenses so you go through the same analysis that I just showed you which leaves you with $600 a month of projected na projected profit now I'm going to take this $600 of monthly profit multiply by 12 which means that I'm going to have $7,200 of annual noi net operating income or profit now I'm going to take the $7,200 of annual profit noi I'm going to divide it by $100,000 which is the total price of the property which gives me a 7.2% return for me that is a good deal I look for anything more than 7% here"
By Minority Mindset | April 21, 2024 | Pending
From video
MASTERCLASS: How To Go From $0 To Millionaire - Investing For Beginners 00:37:27 - 00:38:23
Interpreted Prediction
A property purchased for $100,000 with $1,100 monthly rent and $500 monthly expenses results in a 7.2% annual return (NOI divided by property price), considered a good deal by the speaker if above 7%.

Prediction Details

Topic
Real Estate Investment Calculations

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