property purchases speculating not investing, page-57

Dameo

your maths are wrong

for instance

its not $300K x 9% x 25

2 wrong things here

first - thats just the interest you got to give them the principal back too

second, 300x9%x25 is assuming your paying 9% on 300K every year, but your not.. the principal shirnks



dont know how you got your inflation adjusted figure its still prety close though.