MrsBeechRyan
Registered User
- Messages
- 15
We have an investment property valued at €180K - €210K which has a tracker mortgage of €95k, repayment of €950/mth until Nov17 at which point repayments will drop to €580/mth.
Tenants that were long term were paying €770/mth are now moving on.
We should now be able to achieve a rent of €1100-€1200.
Although we struggled with repayments during the recession we can now see the benefit of selling and reaping the profit, however we can also see the income making capacity that this asset would have.
All advice welcome.
Tenants that were long term were paying €770/mth are now moving on.
We should now be able to achieve a rent of €1100-€1200.
Although we struggled with repayments during the recession we can now see the benefit of selling and reaping the profit, however we can also see the income making capacity that this asset would have.
All advice welcome.