[{"data":1,"prerenderedAt":17},["ShallowReactive",2],{"tag-articles-レバレッジ":3},[4],{"title":5,"description":6,"path":7,"tags":8,"publishedAt":15,"updatedAt":16},"不動産投資レバレッジ効果の検証 ― 本当に「3.5%運用と同じ」なのか？","表面利回り7%・LTV90%の不動産投資をCFベースでシミュレーション。元金返済の資産蓄積を含めるとIRRは約8.83%だが、リスク調整後の実質価値は3〜4%程度。株式投資との比較優位を検証。","/real-estate-leverage-verification-2026-02-25",[9,10,11,12,13,14],"不動産投資","レバレッジ","IRR","シミュレーション","資産運用","感度分析","2026-02-25T00:00:00.000Z",null,1781334017325]