Firms dangle perks to draw condo buyers

[koh_52]

Can anyone post typical maintainence fees now for new condo ? I would think this is an increase in expense if is quite large.

Well, let me give you a typical ppty investment ROI:

Normally the overall expenses is aro 15% - 20% of the Rental

The details are:

Typical Sample
Purchase Price -say a 1,000SF unit @ $880/Psf $880,000
Rental/mth $2,500
Expenses @15% $375
Expenses @20% $500

maint fee $210
pro-tax $140
agent fee $104
misc $30
Total expenses = $484 (19%)

However, if for own-stay u may take out agent fee and pro-tax is much cheaper.

Hehe, Nett ROI only aro 2.8%, if u now invest in current market.