Your ROI is wrong if you're only counting the down payment

The 5 costs that actually make up your "investment" number

“I put 20% down so my investment is $71,000.”

Nope. Not even close.

This is one of the most common mistakes I see investors make when calculating return on investment. They divide their returns by the down payment and call it a day. And their ROI looks incredible. Suspiciously incredible.

Because they forgot about everything else they had to spend to actua…