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

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TSRaub
post Oct 31 2009, 08:04 PM, updated 17y ago

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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 .


TSRaub
post Oct 31 2009, 08:17 PM

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QUOTE(Backkom @ Oct 31 2009, 08:06 PM)
(1000 x 12) / 220000 = 5.45%

8% and above is what we usually expect from "good" return...
Of course its your choice  smile.gif
*
maintainance fees need to count? legal fees 5k plus , loan interest ???


TSRaub
post Nov 1 2009, 10:01 PM

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actually looking property in Dutamas area, near by Mont Kiara and Segambut...asking price is 216k....duno want to buy or not.

 

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