How do we approach a cost-benefit analysis of rental property?
I retired recently & need help assessing whether to continue renting our duplex or sell. We still carry a mortgage but have about 2/3 its value in equity. We renovated in 2013 and have only been renting 1 side for 15 months, the other side part of the year. We own our unfinished retirement home outright.
Answers | 2
You can also do a NPV.
Some folks also use WACC- This one is more difficult due to the estimated discount rate, etc.
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It's not what you make. It's what you keep that determines your lifestyle.