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| Price : RM 85 000 | Type: Apartments | Area: Shah Alam | ||
| Title type: Freehold | Tenure: - | Other info: Non Bumi Lot | ||
| Size: 946 sq.ft. | Bedrooms: 3 | Bathroom: 2 |
Although this is just an ordinary apartment but the return is showing a different story. Let waste no more time and evaluate the return of this apartment.
Price = RM 85 000
Down Payment = RM 8 500
Rental = RM700
Monthly banks instalment = RM424 (Let say you take a 90% loan for 30 years for the current BLR 6.6%)
RETURN
Monthly Return (rental – monthly instalment) = RM 276
Annual Return (monthly return x 12) = RM 3312
Return on investment (Annual Return/ Down payment)
= 3312/8500 @ 38%
In a conclusion you will get back your money back in 3 years and still have the properties with you after that. Its a good investment for me
I found this property at http://www.mudah.my/Shah+Alam+Taman+Sri+Muda+Valencia+apt-9795226.htm
However further homework should be made as there are lots of thing that will that can change the investment.
