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NE Nebraska | Taxes are an expense so they need to be subtracted from the take home income. So what you mean to say is $240 take home rent on $8000/acre land is an ok return? $8000/240=33.3 PE ratio which is still way higher than S&P. But you are paying $12000 for the land No matter what you put down so you need to use 12k not 8k. So we are at $12000/240=50 PE ratio. So no land is not a decent return compared to the S&P. | |
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S&P 500 down 1.9%
