我有太古城間屋值800萬, 我想按銀行450萬,去買一間收租, 有化算? 有風險嗎?

The most important question you may want to ask is “what do you need?” This question comes early than what most estate agent may ask you – “How much risk you think you can sustain”.

Buying an estate and rent it out is a way to generate instant monthly cash flow in return. Of course, you may invest your money in tons of other ways for future cash flow generation, but it is impossible to come up with a clear cut decision if you take all opportunities into consideration. Therefore, let make the case be less complex in the following, which buying an estate and rent it is the only investment you are in mind.

Loan financing with your property will cost you principle plus interest. Such that, your monthly income will be:

Take home pay = Rental income – (principle + interest) – security and maintenance fees and property tax of your new estate.

It is what you generate for monthly income. Certainly, the initial cost of renting the property requires some repairs (if need), agent fee, and etc.

Other than that, think about the “frequency of renting” of the estate of your new property, since no one can ensure that you can find a renter. It is a good way to consider to uphold your property in selling while you are renting it. As long as the selling price can cover the cost of financing of your tai koo shing property, it will be worth.

I am not in the tone of professional estate agent, because they will tell you to calculate the profolio as well as the accrued benefits. However, you are not in need to startup a business on renting, buying and selling real estate, so the actual cash flow generation will be more important than whatever so called theories.