Originally Posted by St1mpMeister
Why is that?
As I mentioned I'd be satisfied ending up with circa €500 per month for the €2,200 rent after factoring the other costs.
Because there is risk in the investment and time invested managing the tenant or property.
Your assuming 100% occupancy rates.
Your assuming your time investment will be minimal or hands off.
You could get stung for very high repair costs in the property itself, naturally.
You could get the atypical bad tenant, loose 1 to 2 years of rent and be faced with significant repair bills.
Market forces could devalue the property.