Real Estate & Mortgages
Basic
Property Appreciation
Future value from an annual appreciation rate.
Formula
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MembersVariables
V_nValue in year n
V_0Current value
gAnnual growth rate
nYears
Example
V_0=$400k, g=3%, n=10: V ≈ $537k
Did You Know?
Even a modest 3% a year nearly doubles a property's value over a 24-year span.
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