Calculate the Return on Investment when purchasing a property as an investment purely for financial gain. If the property is bought as a home this might not be as important since you are looking for a comfortable property to live in rather than something that will make you a lot of money.
The Return on Investment is calculated by taking all expenses, taxes, and fees into consideration. After these factors have been added to the price of the property, one can see if the difference expected to be gained will be great enough for the desired amout to be made out of the transaction.