Sorry but I would like to highlight on all above, earning 4% of 1million a year is just enough to cover up for inflation, your 1million would be worth lesser by 4%.
Eg. 2013 - 1 Million
10 years later, 10 x 4% = 40% x 1M = 1.4M, 10 years later many things would have gone up,
In any case if your property doesn't appreciate in value, congrats smart people, the 0.4million you had just spend away collected from your property.
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