Annualized Return Question On A Turnkey
Hi BP Members,
When using the BP rental property calculator for a turnkey, the annualized return grows to year 5 and decreases after that. Can someone explain why this happens? I understand that if you were to force equity through renovations the annualized return goes down because a majority of your profit is from the forced value/number of years held. Why does the bell curve happen with a rent ready property? Thank you!