View Single Post
  #37  
Old 18.06.2019, 16:57
Phil_MCR's Avatar
Phil_MCR Phil_MCR is offline
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,317
Groaned at 277 Times in 183 Posts
Thanked 17,733 Times in 7,486 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: investing in real estate vs buying property

Quote:
I'll give you some actual figures from one of my rental properties.


Purchased 2013 for Chf 265k + $13k notary fees + Chf 15k renovation costs, total Chf 300k


Rental income Chf 1'400.--/month = Chf 16'800.--

PPE Charges : Chf 5'720.--/annual including renovation account

Hypoteque Chf 175k @ 0.7% = Chf 1'320.--/ annual



Income before tax Chf 9'760.--/annual on investment of Chf 125k


ROI before tax = 7.808%


Some are a bit more, some a bit less, nothing under 5.5% or it goes or gets changed.
this is why i don't like flats: PPE eating up 1/3 of gross rental income!
Reply With Quote
This user would like to thank Phil_MCR for this useful post: