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/biz/ - Business & Finance

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>> No.799620 [View]
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799620

>>799605
Apartment cost: $125k
Down payment: $40k
fix up: $15k
Loan: $85k

2 years later.
Apartment sold for: $205k
Minus loan: $120k paid out to the owner

$120k is not the profit since $55k was invested therefore the real profit is 120-55=$65k

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