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

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mafa2801
post Aug 30 2016, 05:00 PM

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ukay perdana still +ve cash flow
mafa2801
post Nov 9 2016, 03:41 PM

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QUOTE(Zen-X @ Nov 6 2016, 09:20 PM)
sorry if i am asking at the wrong place biggrin.gif

i am thinking to buy a condo rm230k
current tenant is paying 1350 monthly
is it good purchase for me?
*
Look at other unit also.if only urs renting at 1350 but majority renting at 700..that might b a risk..
Anyway..may we know the area of it and whats the name of the condo..interested to know.
mafa2801
post Nov 10 2016, 09:03 AM

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thats a good point sir.

to minimize ur risk, study future development and nearby ongoing /launched project prices..

e.g: if new project same size and price or just slightly high, better go for new projects..
because u already knew the rental in that particular area.

just my 10cents against dollar america..peace


 

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