Same property, 3 different totals — the $2,459 decision you're ignoring

How your reserve strategy quietly swings your total return by 15%

Here’s a riddle:

• Same property.

• Same purchase price.

• Same down payment.

• Same interest rate.

• Same tenants.

• Same appreciation.

• Same cash flow.

• Same debt paydown.

• Same tax benefits.

Three different total returns.

• $16,317.

• $16,625.

• $18,776.

How is that even possible?

Reserves.

That’s it. The only thing that changed between these three scenarios is how the investor handled …