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 Can rental yield cover monthly bank payment?

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Fortezan
post Sep 7 2017, 01:33 PM

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QUOTE(newsongfashion @ Sep 7 2017, 09:48 AM)
Will it possible the rental can cover the loan for buying the new property this year and to be completed after 3 or 4 years? what is the rental after 3 to 4 years? will be higher than current rental?
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No one can answer your question lah, we are not fortune teller
csbong87
post Sep 7 2017, 02:52 PM

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Not sure it helps or not, but adding some bling to your unit and make sure its clean will somehow attract and reap higher rental not much may be 200 or 300 more than the area's rental rate. The first time where your potential tenant sees the house is very important you have to give them a welcoming and warm feel. Always be ontop of the competitor.
AskarPerang
post Sep 7 2017, 11:51 PM

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QUOTE(newsongfashion @ Sep 7 2017, 09:48 AM)
Will it possible the rental can cover the loan for buying the new property this year and to be completed after 3 or 4 years? what is the rental after 3 to 4 years? will be higher than current rental?
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Depending whether got added booster coming in or not. Need to do your own study. Some info can be just rumours so do not believe what the sales agents tell you. verify all information. Such as got mall, got lrt station, got highway etc.

Sentul Point is a good example of being con by the sales agent and developer. Stated a link bridge to proposed mall. End up the proposed mall turn out to be another high rise project by another development. So what happen to this link bridge?

 

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