Real estate investment is a privilege craved by all and earned by a few. Despite the global financial gloom, the real estate market of Singapore has been on a strong run over the past 5 years.
The truth is that property investment is not just a trophy you achieve after years of saving your hard-earned money and happily letting it sit in the dust in your portfolio. Whether you simply plan to be a humble home owner or a real estate tycoon, there needs to be a proactive involvement from your side in assessing the risks, and most importantly, calculating your future returns.
Decoding IRR
Although there are a number of meticulous solutions available to gauge the value of your real estate investment returns, the Internal Rate of Return (I.R.R) is probably one of the most championed methods of figuring out the cumulative property investment returns over a ......