Even after tax and other expenses have been factored in? In the same vein have you crunched the numbers on this proposed investment to make sure that it's viable, that the potential benefits outweight the costs and that it is the most suitable investment of the available alternatives for your specific circumstances and needs?camrock said:I was planning on going interest only any way. The rent from the flat and house will more than cover interest only repayments.
sudden said:i notice from the postings here that most people calculate their yield by dividing the value of house by rental income. maybe i am completely wrong but would it not make more sense to calclate yield by the amount of money you yourself invested in buying the house?
when calculating yield on property should i ignore total cost of house and instead say for example. return on 20k deposit on house worth 330k with rental income of 9200/year as opposed to saying 9200/year on property worth 330k? am i overlooking something?
or is the smoke from the hippies next door blowing in my direction again ?
sudden.
agree on the polish workers,they do good work and show up on time.
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