+ve cashflow through rental income
I have a small querry.....
IF I invest in commercial/residential property and give it out for rent, can I earn rental income more than the interest rate giving a possitive +ve cashflow.
i.e Suppose I buy a property for let us say Rs. 100
I get 80% Loan and 20% down payment so Rs. 80 and
when i give out my property for rent can I get rent that can pay off my interest and a portion of installment
i.e Rental income more than Re. 12 p.a when interest rate is 12%.....
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