To determine the annualized gain of your property, you need the original purchase price, current valuation, and the number of years owned. Use the formula:
\[
\text{Annualized Gain} = \left( \frac{\text{Current Value} - \text{Original Purchase Price}}{\text{Original Purchase Price}} \right) ^ \frac{1}{\text{Number of Years}} - 1
\]
Example: For a property bought at $500,000, now valued at $676,000 after 5 years, the annualized gain is calculated as:
\[
\text{Annualized Gain} = \left( \frac{676,000 - 500,000}{500,000} \right) ^ \frac{1}{5} - 1
\]
Use EdgeProp's tools for assistance.