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<blockquote data-quote="Peace for All" data-source="post: 31488531" data-attributes="member: 586172"><p>Loan period. EMI. Monthly P/L</p><p>120 months. 0.214 mill -0.034 mill</p><p>180 months. 0.184 mill. -0.004 mill</p><p>240 months. 0.173 mill. +0.007 mill</p><p></p><p>That's a lengthy 10 (2036 year) to 20 (2046 year) years loan repayment schedule, without any profit but the property valuation..</p><p></p><p>You are sacrificing the FD interest for the "From hand 13.5 mill.." which I think is a lot..</p><p></p><p>Can you buy a more straightforward real estate/ resort/ backpacker hostel/ plantation etc., that generates the same Rs 180,000 PM..? That is only about $ 534 USD BTW.. - if you Airbnb a suitable property for $ 30 bucks per day, that's $ 900 USD PM..!</p><p></p><p>Check why the seller is disposing the property, in the first place as there could be floods/ land acquisitions/ thuggish neighbours etc.,</p></blockquote><p></p>
[QUOTE="Peace for All, post: 31488531, member: 586172"] Loan period. EMI. Monthly P/L 120 months. 0.214 mill -0.034 mill 180 months. 0.184 mill. -0.004 mill 240 months. 0.173 mill. +0.007 mill That's a lengthy 10 (2036 year) to 20 (2046 year) years loan repayment schedule, without any profit but the property valuation.. You are sacrificing the FD interest for the "From hand 13.5 mill.." which I think is a lot.. Can you buy a more straightforward real estate/ resort/ backpacker hostel/ plantation etc., that generates the same Rs 180,000 PM..? That is only about $ 534 USD BTW.. - if you Airbnb a suitable property for $ 30 bucks per day, that's $ 900 USD PM..! Check why the seller is disposing the property, in the first place as there could be floods/ land acquisitions/ thuggish neighbours etc., [/QUOTE]
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