Auction date: 21 Jun 2023 (Case study)
Details: 1. Leasehold 2. High Population in surrounding (High demand of rent)
Rental: RM 2500/house
Market value: RM470,000
1st loan, 90% of RM381,000: RM342,900 (legal fees around RM19000)
Monthly instalment: RM 1520
Maintenance fees: RM 400
Passive income: Rental – instalment – maintenance fees: +RM580
Auction date: 22 Jun 2023 (Case study)
Details: 1. Leasehold 2. 3min to CIQ 3. Easily rent out
Rental: RM 1000/house
Market value: RM130,000
1st loan, 90% of RM104,000: RM93,600 (legal fees around RM7900)
Monthly instalment: RM 415
Passive income: Rental – instalment – maintenance fees: +RM585
Auction date: 21 Jun 2023 (Case study)
Details: 1. Freehold 2. JB Top AirBnB area 3. Investor come back
Rental: RM 3000/house | AirBnB: RM300/night (weekday)
RM500/night (weekend)
Market value: RM600,000
1st loan, 90% of RM486,000: RM437,400 (legal fees around RM23280)
Monthly instalment: RM 1940
Maintenance fees: RM 300+-
Passive income: Rental – instalment – maintenance fees: +RM760++
Auction date: 21 Jun 2023 (Case study)
Details: 1. Freehold 2. Heart of JB
Rental: RM 2000/house
Market value: RM440,000
1st loan, 90% of RM320,800: RM288,720 (legal fees around RM16600)
Monthly instalment: RM 1280
Maintenance fees: RM 270
Passive income: Rental – instalment – maintenance fees: +RM450
Auction date: 22 Jun 2023 (Case study)
Details: 1. Freehold 2. Opposite of Paradigm Mall 3. Located at heart of JB
Rental: RM 1800/house
Market value: RM370,000
1st loan, 90% of RM296,000: RM266,400 (legal fees around RM15,600)
Monthly instalment: RM 1180
Maintenance fees: RM 319
Passive income: Rental – instalment – maintenance fees: +RM301
Auction date: 03 Jul 2023 (Case study)
Details: 1. Freehold 2. Opposite of Green Haven
Rental: RM 1800/house
Market value: RM330,000
1st loan, 90% of RM213,840: RM192,456 (legal fees around RM12,260)
Monthly instalment: RM 855
Maintenance fees: RM 305
Passive income: Rental – instalment – maintenance fees: +RM640
Auction date: 19 Jun 2023 (Case study)
Details: 1. Freehold 2. Istana View (Very Hot unit)
Rental: RM 2200/house
Market value: RM570,000
1st loan, 90% of RM461,700: RM415,530 (legal fees around RM23690)
Monthly instalment: RM 1840
Maintenance fees: RM 380
Passive income: Rental – instalment – maintenance fees: -RM20 (instalment)