As they say, cash is king.....
But here is a simple scenario for you....
I buy a house for $100,000. Over 5 years, the interest costs me $50,000, but the rent only returns $40,000. I'm down $10,000 (cashflow). But the house is now worth $500,000.
Did it mean it was a bad investment?
I don't think so Bill.....
BNB
babcock & brown limited
cashflow, page-20
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