In a previous blog we looked at ‘cash-on-cash’ returns to provide a good measure of immediate and ongoing annual returns an investor can expect.  However, this metric did not take into account an important element…time.  The Internal Rate of Return (IRR) uses the time value of money to better analyze the investment opportunity.  This metric is important since a dollar today is worth more than a … [Read more...] about What is an Internal Rate of Return?