We have tons of videos about why a one year plan can be a poor strategy for you. Most recently have a look at ‘How to effectively target ROI instead of yield or growth’.
So why do we all build a 10-year cash flow for our investments?
The reality is, if we don’t look at the long term plan of a property we will target the wrong areas. Even if you have half the lowest growth for each area you are looking at, quarter the lowest rental growth and plan that into your cash flow you will really help yourself.
Using year one only, not planning in your other overheads, not looking at costs in years 2 and 3, and not planning on growth and inflation will stop your investments from being consistent.
Get a full cash flow on all over 4000 properties by giving one of our specialists a call at Baron & Cabot.