Quote:
Originally Posted by Quotealex
No it's not 5% ROI but 5% annual ROE (return on equity). The ROI is expected to be much higher, they're assuming the value of the property will more than double in 5 years...
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Remember what happens when you assume.
Anyway, Look into something in Cancun or Playa Del Carmen. You have a better place, Most likely cheaper or about the same to purchase, and a HELL of a better chance of Making better ROI and ROE.