Today loan interest rates are 9.5% and falling, rental yields are 2.5% and increasing. The gap is 7% right now and is narrowing down. Subtract 30% Tax benefit from it and the gap becomes 4.9%. So any property that is likely to fetch more than 4.9% price appreciation is good to go.
Today loan interest rates are 9.5% and falling, rental yields are 2.5% and increasing. The gap is 7% right now and is narrowing down. Subtract 30% Tax benefit from it and the gap becomes 4.9%. So any property that is likely to fetch more than 4.9% price appreciation is good to go.
Shaily Nimodia pls also substract maintenance cost/insurance cost etc from the property
Very Nice Questions, Very Nice Answers.
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