Suppose we have the following real estate speculation scenar…

Suppose we have the following real estate speculation scenario for a 1 year investment: Purchase price of house: $150,000 Equity: $120,000 Debt: $30,000 @10% interest Interest Payments: $3,000   Suppose after 1 year the real estate speculator is able to sell the house for $50,000  during a time of decreasing real estate asset prices. What is the rate of return?