Updated over 5 years ago on . Most recent reply
Return on investment
Hello all,
I have a question on return on investment when expanding a unit. I have a 1+1 back house I’m renting out, but can expand it two bedrooms, or even add a second unit altogether. How can I calculate the return on investment to see if it’s worth doing it? Or even calculating when I will break even? Any input is appreciated, thank you!