Vista Damai 2BR

Size: 907 sqft

Asking: RM630000 (Total cost = $649000 if include legal fees & stamp fees)

PSF: RM694

Comes with: 1 car park lot

Existing rental: RM2500 P.A, market price should be around RM2800

Legal Fees: Approximately RM5500-RM6000 (including disbursements)

looking at 3 equal share. i.e ~RM216K or SGD84K

10% upfront. balance in 2-3mths time.
Looking at 50% financing. So about SGD42K cash for this investment.
Currently rented out with 5% return. Looking at 5 year investment timeline for it to appreciate to about RM1100psf.
Capital gain around 60%

Cash-on-Cash about 116% or ~20%/yr non compounded