Originally Posted by IhateJJ
actually, if BSH is paying his taxes (assume 35% Federal and 5% for Illinois), then his results drop to a net profit of $1,218,606 for the 12 years, which results in a NET after tax ROI of 99.25% (instead of his reported GROSS IRR of 184%). Now we are getting a bit closer to the tech job, and without the mind numbing variance.
Buy ins cash outs pre tax after tax
147,700 160,332 12,632 7,579
8,300 3,205 (5,095) (5,095)
142,800 43,343 (99,457) (99,457)
198,180 478,300 280,120 168,072
194,500 97,060 (97,440) (97,440)
163,000 1,057,700 894,700 536,820
159,000 59,750 (99,250) (99,250)
139,350 1,444,720 1,305,370 783,222
31,000 0 (31,000) (31,000)
22,500 126,925 104,425 62,655
14,500 14,000 (500) (500)
7,000 0 (7,000) (7,000)
1,227,830 3,485,335 2,257,505 1,218,606