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Monthly loan repayments Tenant acquisition costs You should try to ensure you have three to six months of these recurring costs saved up, before starting to rent. Finally, you should set aside cash for contingencies, in the event of: Replacement of appliances Major repairs We will use, as our example, a 500 sq.ft. shoebox unit priced at $825,805. This is the average cost of a one-bedder, island-wide, as of 2020: These units are the most common choice for first-time investors, due to the lower quantum. Initial non-recurring costs 1. Down payment We have a more detailed description in our guide. Just to summarise, however, the maximum bank loan is 75 per cent of the property price or value, whichever is lower. We will assume the price and value are the same for our shoebox unit, which would be the case if it’s a new launch unit.

Minimum occupation periodBuyers stamp dutyAdditional buyers stamp dutyAnnual valueTenancy agreementsகுறைந்தபட்சம் தொழில் காலம்வாங்குபவர்கள் முத்திரை கடமைஆண்டு மதிப்பு