In Feb. '05 I invested in a duplex with a purchase price of $94,500 with $5,000 of Downpayment. I am currently involved in a law suit on the property and was asked to calculate what my losses are to date. I have calculated the cash loss, but how would I calc the lose of investment oppurtunity? Meaning, If I hadn't purchased the duplex I could've use those monies to invest in other areas or other property. What is the valuse of my lost investments?
Cash to Close $(4,835.13)
2005 Income from Rents $9,473.54
2005 Expenses $(13,340.35)
2005 Total Cash Inflow/(Ouflow) $(8,701.94)
2006 Income from Rents $11,967.00
2006 Expenses $(18,461.96)
2006 Total Cash Inflow/(Ouflow) $(6,494.96)
2007 Income from Rents $6,980.00
2007 Expenses $(7,568.78)
2007 Total Cash Inflow/(Ouflow) $(588.78)
Total Cash Flow since Purchase $(15,785.68)
Additional Details
3 hours ago
Those are mis-labeled! Those are not Cash flows but rather total annual expenses as report to IRS. (ie. in clud
2007-07-25 07:46:08 · 2 answers · asked by Craig D 2 in Business & Finance ➔ Renting & Real Estate
Rex,
Shouldn't I atleast get compensated up to the point of the risk-free rate on my money?
2007-07-25 07:55:46 · update #1
Rex is correct. You cannot sue based upon 'lost opportunity'. The BEST you could ask for is basic bank interest on your $5000 investment from the date you invested. However, NO court is going to award you monies based upon what you MIGHT have made investing your $5000 elsewhere.
2007-07-25 15:09:14 · answer #1 · answered by acermill 7 · 0⤊ 0⤋
You can't sue on speculation. You can't calculate "lost opportunity" as all investments have risks and you chose this one, not that one.
2007-07-25 14:51:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋