Hi all, just curious about this, and would be great if you can share your area as well,
Thanks!
This post has been edited by glauncher: Aug 22 2016, 10:12 PM
Does ur rental income covers ur mortgage payment?, How many %?
Does ur rental income covers ur mortgage payment?, How many %?
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Aug 22 2016, 10:09 PM, updated 10y ago
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Hi all, just curious about this, and would be great if you can share your area as well,
Thanks! This post has been edited by glauncher: Aug 22 2016, 10:12 PM |
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Aug 26 2016, 07:16 PM
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QUOTE(newguy2016 @ Aug 26 2016, 03:36 PM) Purchase a resales townhouse@cheras area during 2012 and that time, rental can cover 100% of my mortgage loan amount. Wah, so negative cash flow is a norm now?If you are talking about current purchase and rental, my guess is that it will be hardly reach 60% - 70% for properties with value more than 500k. I will consider it's a blessing from heaven if the rental can cover 80% - 90% for my condo which will be vp-ed next year. I kind of regret my decision to purchase a high-end condominium unit plus in this kind of environment now. Its much easier to match the rental to mortgage amount for cheaper properties like low cost apartment,flat, single terrace house etc which cost 400k and below. Long gone for the time when the rental can match or even earn abit after deduct your mortgage. |
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Aug 30 2016, 08:29 PM
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Sep 2 2016, 05:38 PM
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Oct 23 2016, 02:07 PM
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Nov 10 2016, 07:54 PM
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