Calculation
The prevailing selling price of the property at the moment is PhP 2,112,215M (SMDC price as of 7 March 2014).
I'm selling it 200K below than the current market price. In the contract everything is included - charges, taxes, reservation fees, administration, transfer fee etc.
The date of turn over is around 3QRT 2015.
Renting out the studio unit in Ortigas area ranges from 20k to 23k a month, a very good long term investment.
The property market value is expected to increase around 10- 15% higher once it is ready for occupancy (RFO).
The selling: PhP 1,898, 600.00
Total amount to pay - all-in : PhP 164, 000 (cash)
Monthly: PhP 6,500
After turn over/ Bank Financing: PhP 1,627,600.00
I'm selling it 200K below than the current market price. In the contract everything is included - charges, taxes, reservation fees, administration, transfer fee etc.
The date of turn over is around 3QRT 2015.
Renting out the studio unit in Ortigas area ranges from 20k to 23k a month, a very good long term investment.
The property market value is expected to increase around 10- 15% higher once it is ready for occupancy (RFO).
The selling: PhP 1,898, 600.00
Total amount to pay - all-in : PhP 164, 000 (cash)
Monthly: PhP 6,500
After turn over/ Bank Financing: PhP 1,627,600.00