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RE: LeoThread 2025-05-13 02:48

in LeoFinance5 months ago

Part 5/12:

Moreover, Felix emphasizes that the ongoing costs of owning a home - including maintenance and renovation - should be factored into any evaluation of a home's financial performance. Homeowners often overlook these costs when assessing their returns, leading to an inaccurate portrayal of homeownership as a profitable investment.

Research indicates that homeowners typically spend around 2% to 3% of their home's value annually on upkeep. This significantly impacts the net returns when measuring the profitability of real estate investment.

Bridging the Gap: Rent vs. Own Calculations