Location of Property: 6C, Ara Ampang Commercial Centre, Jalan Ampang, Ampang 68000, Selangor
Type: 2nd Floor, Office lot, standard unit.
Build Up: 1220 sq ft
Age of Property: Completed since 2005, condition reasonable
Facing: South-West, Main road of Jalan Ampang
Current status: Tenanted @ RM 1500 monthly, valid till April 2013
Title: Strata, Freehold
Floor Plan:
GoogleMap Visual:
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Asking: RM 300,000.00
Indicative Prospects
* Computation of potential gain / earning for the next 25 years. Please take note of the assumptions stated.
Assumption: Loan secured against property. Margin of financing 80%, tenure 25 years at average interest rate.
(1)Initial capital
Downpayment (20%) - 60,000
Related expenses for purchase - 15,000 Total: RM 75,000
(2)Collected rent:
25 years: 25 x 12 months x RM 1,500 X (3/4) = RM 337,500
* Rental history of this property shown a stability of rent for past 5 years, average buffering for new tenant is about 2~3 months, average tenancy 1.5 year
(3)Interest cost of mortgage = RM 154,028
(4)Miscellaneous maintenance cost = RM 37,000
Aggregate Financial impact
Effective yield from rent: RM 146,472 ( 2 - 3 - 4 ) - (5)
Reselling value of property: RM 300,000 (assuming the property did not appreciate throughout the next 25 years) - (6)
Monthly cash flow: + RM 150 ~ + RM 240
% Gain per capital: 595 % (5+6) / 1
Profit rate on compounded basis: 7.4% p.a.
Recommended purchasers' segment:
1. long-term investors, age below 40.
2. Accumulation of retirement's passive income
3. Office
3. Office
Photos of property:
Interested investors please contact our officers for viewing.
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