ROI = (Net Profit / Total Investment) × 100. To calculate, subtract your total expenses (including purchase price, repairs, and other costs) from your total earnings (like rental income or sale price), then divide by your total investment and multiply by 100.

The typical down payment is 25% of the home's purchase price, but many lenders accept less depending on the loan type.

Real estate agents bring expert market knowledge, negotiation skills, and access to listings or buyers you may not find on your own.

If your profit exceeds the exemption limits or the home wasn’t your primary residence, you may owe capital gains tax on the profit.

Closing Costs: These include lender fees, title insurance, attorney fees, appraisal, and recording charges—typically 2% to 5% of the purchase price.

Freehold means you own the property and the land it stands on outright, with no time limit on your ownership.

Start with a Comparative Market Analysis (CMA): Look at recent sales of similar homes in your area to see what buyers are paying.

Leasehold property means you own the building or unit for a set period (e.g., 99 or 125 years), but not the land it stands on—the land belongs to a separate owner (freeholder).

Renting typically refers to a short-term agreement (month-to-month or flexible), while leasing usually involves a fixed contract (e.g., 6 months or 1 year).