QUOTE(djneo @ Mar 7 2014, 04:01 PM)
In my situation, below are the simple calculations for 1,011sqft
(a) Monthly loan payment to bank :: RM1,169
(b) Maintenance fee at RM0.18psf :: RM181.98
(c') Sinking fund, 10% of (b) :: RM18.20
(d) Total monthly committment (a)+(b)+(c') :: RM1,369
So, RM1,369 is my breakeven monthly rate. Of course I'm expecting positive cashflow from the transaction.
So, assuming and only assuming with the rental model (partly furnished) illustrated below;
Year / Rental Rate / Monthly Excess Cashflow / Capital Appreciation on Property
2015 / 1500 / 131 / 530k
2017 / 1700 / 331 / 550k
2020 / 2000 / 631 / 580k
Disclaimer : Conservative numbers used for personal projection only.
Cheers
boss, what about:(a) Monthly loan payment to bank :: RM1,169
(b) Maintenance fee at RM0.18psf :: RM181.98
(c') Sinking fund, 10% of (b) :: RM18.20
(d) Total monthly committment (a)+(b)+(c') :: RM1,369
So, RM1,369 is my breakeven monthly rate. Of course I'm expecting positive cashflow from the transaction.
So, assuming and only assuming with the rental model (partly furnished) illustrated below;
Year / Rental Rate / Monthly Excess Cashflow / Capital Appreciation on Property
2015 / 1500 / 131 / 530k
2017 / 1700 / 331 / 550k
2020 / 2000 / 631 / 580k
Disclaimer : Conservative numbers used for personal projection only.
Cheers
1. insurance?
2. quit rent?
3. assessment?
Mar 8 2014, 12:10 AM

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