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- Possible but not impossible.
You need to do enough research and see that rental yield is more than your EMI.
If it is very easy, everyone would be having postive cash flow with no defaults. In India it is bit difficult with the current rental yield(4-6%) but hope the rentals might raise upto 8-10% in short term.
In standard rental terms , it will be very difficult but is possible with creative ideas like short term rentals/subletting/location/proividing additional value with lesser cost etc.
- when buying property, need to do proper financing planning as th interest on mortage will be a huge one
:) :) :)CommentQuote0Flag
- For the rental yield to go up, the home prices have to come down. Once that happens this is possible. So one should be careful not to pay too much in buying a house :-)