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Re: Pay $15K upfront to pre-pay 20+ years of oil heat bills???
Old 08-18-2005, 07:26 AM   #2
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Join Date: Mar 2003
Posts: 9,991
You are talking about a roughly 20% cash-on-cash yield, which is pretty good. However, this would require substantial effort on your part, so I don't think it is that clear. Personally, I am way too lazy to do the cutting and feeding of wood into the thing. I would suggest that you consider how long you will be willing and able to do the work. Ain't none of us getting any younger.
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