IRR & yield are the two common & significant terms in real estate investment. One talks about the analysis of investment returns or calculates how much property can give returns and the latter talks about the investment/earnings that have already been made. It calculates how much you have already earned.
Both are important to evaluate the decision-making of real estate investment. Both have different formulas to calculate. IRR literally means the internal rate of return and yield is popularly called Yield to maturity.
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