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 Can rental yield cover monthly bank payment?

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tnmwtf838
post Aug 1 2017, 12:45 PM

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If you look hard enuf ypu can get slightly above 400k subsale condo in establish area. Those area no need to afraid no one rent but be prepare to top up little on ur instalmet pymt to bank. Personally i think is still ok if rent can covers 70% of installment plus maintenance as you are building equity to the hse and possibly increase rental for years to come. Utimately is location u will never afraid of not renting out

 

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