Oct 31 2009, 08:53 PM
QUOTE(legiwei @ Oct 31 2009, 08:26 PM)
It's not necessary 5.45% only. Property prices could also rise over the time which will increase your return.
Depends on location.. Generally.. condos dont appreciate much.. The amount of interest incurred (if you are taking loan) might even exceed your profit 
Added on October 31, 2009, 8:58 pm
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
100*((1000X12) - (220X12))/220000 = 4.25%8% and above is what we usually expect from "good" return...
Of course its your choice
We havent factor in Assessment fee + Quit rent..
Rule of thumb usually 6% which consider ok... 8% - 10% will be very good..
No fix rules.. if you feel tat 4.25% is just 1 or 2 years and you can foresee return will increase in the future.. why not
.. Depends on your own judgement...This post has been edited by eugene jk: Oct 31 2009, 09:03 PM
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