Real Estate

Homeowners get highest rates of return when selling in these 3 cities

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Seb Oliver | Image Source | Getty Images

If you’re thinking of buying a home in Las Vegas — congratulations! You just might make a bundle when the time comes to sell it.

That’s because the average annual internal rate of return for a homeowner in Sin City is 13.29%, according to a recent analysis by Betterment.

The so-called IRR is an investment’s return based on its related cash flows over time. In the context of owning a home, that cash flow includes the cost you pay each year to live there and maintain the dwelling.

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Source cnbc.com

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