Updated about 4 years ago on . Most recent reply
Understanding the math of buying a flat yet getting a low rent
Hello Everybody!
Am still trying to figure out this calculation. If I go for a property costing $106616 at a prime location, yet the rent which I will get is around $266(monthly) and the bank loan installment will go around $500(monthly). Then how will I work around my profit. This scenario is very common with most of the properties as the owners sell at a very high rate. Even if I invest in a 1 bhk, I have to face the same situation.
Any suggestion?