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 Price : 220k,Rental Return :1k, Return ok ah?

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Backkom
post Oct 31 2009, 08:06 PM

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QUOTE(Raub @ Oct 31 2009, 08:04 PM)
Let say the Condo Price is 220k, and monthly return is 1k,  is it ok ah ?

220k not include the legal fees thing, and monthly maintainance fees RM220 .
*
(1000 x 12) / 220000 = 5.45%

8% and above is what we usually expect from "good" return...
Of course its your choice smile.gif

 

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