One billion dollars.
Few can truly grasp the magnitude of that sum of money. But we could try and give you a rough idea in property terms!
With $1 billion, you can get 4585 homes in Manchester at a cost of £166,000* per home. With a rental yield of 5.90% p.a.** and annual capital growth of 7.4% p.a.*, that $1 billion can get you total returns of £2 billion*** in 7.5 years!
*Hometrack, June 2018
***Total value of asset + 7.4% capital growth + 5.90% annual rental yields over 7.5 years.
Now that’s a whale of an investment! Why just blow it all away when you can put it into a growth asset and double your investment!
Got $1 billion to spare and fancy blowing it on some property? Give us a shout! Or let us know in the comment box below what you would spend your money on!
By Vivienne Pal