How do you define “profit” here? Do you subtract mortgage payment? Because you only lose the interest portion of that; the principal payment is also profit (just not as a liquid asset).
Yeah if that’s after mortgage payments then that extra is really just a dividend. You have to also look at property value increase as a potential proffit as well as the payment on principle since you could sell the property in a few years and make money on that sale.
How do you define “profit” here? Do you subtract mortgage payment? Because you only lose the interest portion of that; the principal payment is also profit (just not as a liquid asset).
Yeah if that’s after mortgage payments then that extra is really just a dividend. You have to also look at property value increase as a potential proffit as well as the payment on principle since you could sell the property in a few years and make money on that sale.