Recent content by tumeke

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    MHB How Much Equity Is Needed for Buying a Second Property?

    OK sorry if it was unclear. I should have included an example. House one cost 550,000 and I have to maintain 20% equity at all times. So 110,000 at current levels, 115,000 if the value rises to 575,000 etc. I want to buy house two for 600,000 and require a 35% deposit, being 210,000. If house...
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    MHB How Much Equity Is Needed for Buying a Second Property?

    Hello all - I am after a little help and was hoping I could find the answer here! A property is worth $550,000 and the bank requires 20% equity is kept in the house. To buy a second property (say $600,000 for arguments sake) the bank requires a 35% deposit. I want to calculate how much I need...
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    MHB Finding percentage required to break even

    Hello there, I have the following set of data Wins 6 Losses 13 Average Win 14.33% Average Loss -4.47% I want to know how to figure out the maximum average loss at which I can still break even. I have tried a few different things but cannot figure it out...
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