Yes - that yield is correct. But if you borrow ALL the money at say 5.14% and overheads of paying mtce, PMs, repairs etc run to 1.5% then your nett yield is
1.5% :eek:
1.5% of $115,000 = $1,725 per year. not worth doing / taking the risk.
If you had all the money in cash, then you are...