Updated over 8 years ago on . Most recent reply
Term for when you have made back you initial investment
What is the Term or the acronym (you are in the black or ROI etc.) for the point in which your initial investment has been paid back and you are at 100% profit. Also what is an acceptable / average amount of time to have this take place for SFH investment, 5 years, 2 years?
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Greg Scott
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Greg Scott
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Answer: Happiness.
Amount of time varies. If you buy it right, you may be able to have 2x the equity in your property as your down payment. In that case you have an instant 100% return.