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 Does ur rental income covers ur mortgage payment?, How many %?

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TSglauncher
post 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
TSglauncher
post 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.

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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Wah, so negative cash flow is a norm now?

TSglauncher
post Aug 30 2016, 08:29 PM

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QUOTE(mafa2801 @ Aug 30 2016, 05:00 PM)
ukay perdana still +ve cash flow
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Apartment?
TSglauncher
post Sep 2 2016, 05:38 PM

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QUOTE(gheezz_86 @ Sep 2 2016, 04:01 PM)
Bought first house at 2009. Just a cheap flat Rm75k at Puchong Prima. Now start to get positive cashflow about rm300 per month after Puchong Prima Lrt extension operated.
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How much is the market price now?
TSglauncher
post Oct 23 2016, 02:07 PM

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QUOTE(ayamxxx @ Oct 23 2016, 01:36 AM)
Bought one townhouse back in 2012 at Bandar seri alam, Nearby pasir gudang area.

Positive income of rm500 by renting it fully furnished by room.
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Good for you. hard to find such +ve nowadays
TSglauncher
post Nov 10 2016, 07:54 PM

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QUOTE(Zen-X @ Nov 9 2016, 08:57 PM)
Its in Johor Bahru
Larkin Utama Condominium
Majority owners are renting fully furnished condo around 1200-1400 there
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How old is the condo? it seems the price went down 2x from few years ago? is it because of leasehold?

 

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