How Do You Calculate the Returns on a Duplex? |
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Tim asked how to calculate the returns on a duplex rental property.
❓Ask me a 30-second question at https://morrisinvest.com/clayton 📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com 📺 Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB 🏠 What's Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: https://morrisinvest.com/freedom 💵 Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: https://morrisinvest.com/bootcamp 🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com 👨🏻💻 Sign Up for My Webinar: https://morrisinvest.com/webinar Doing the Math on Rental Properties (IRR): https://bit.ly/3vucWAZ ----------------- How to Calculate Returns on a Duplex If you haven’t yet seen my video on calculating Internal Rate of Return or IRR, that’s a great place to start. Here’s the link to my IRR video: https://bit.ly/3vucWAZ With a duplex, you’ll want to look at purchase price, cash flow, principal reduction, and appreciation. Remember that if you’ve got two paying tenants, cash flow on a property, building equity, that’s a great place to begin! Duplexes are so powerful because the returns typically really high since you get rent from two tenants. ----------------- DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals. |