r/Glasgow Tools

Title
Authorbar_tosz
Comment
You would struggle a lot to make 10% from a rental after costs. It would be 10k from 100k worth flat after all the costs. So it would be £830 a month after taxes, insurances, agency fees and maintenance assuming a property is 100% occupied. Not sure if this is possible, you would have to rent a 100k property for over 1k a month. From what I see, 1k a month gets you a flat worth above 200k.

Agree with asset appriciation but from my reaserch this is very often your only profit.
Reddit Linkhttps://www.reddit.com/r/glasgow/comments/qdief2/anyone_else_completely_scunnered_by_the_property/hhqd1rr/
CreatedSat 23rd Oct 2021 12:31pm
Statusnormal ()

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