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Eastern Shore of MD | I was just wondering what others thought about the lowest ROI that would entertain to do a project. I agree there are other intangible benefits also but IMHO as a business decision it still needs to be justified. We have 8 years of quantifiable yield history that I am basing the analysis on. This is more spot tiling, not a pattern tile situation.
The thought of as long as it exceeds borrowing cost is interesting, if you agree with that than anything over 4% is worthwhile.
One could also look at it as if it will be paid with cash, then a 4+% return is not bad investment. Have not considered tax savings/ deferment yet.
Edited by MD GenX 2/28/2021 18:22
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Required Minimum ROI on Tiling
