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Old 28-07-2020, 07:10 PM   #6
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Join Date: Dec 2002
Posts: 21,822
Anyone works out the sum before? I think condo investing should be much more complicated than normal stocks/bonds investing

I am looking at a 700k condo which can yield 2% rental. If I were to pay half in cash, the mortgage seems to be $1500 per month and I can cover by renting out the condo

Say if the condo price raise 4% per year and 10 years later, it be worth about 1mil. Remember i only took out 350k of my capital and the return is 300k


There are a lot of condo which see no price appreciation over the past 7 years. Your estimation of 4% gain per year is incredibly optimistic.
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