3% Rental Yield Rule | Personal Finance | Sarthak Ahuja

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#Shorts #Personal finance #Rental Yield Rule

3% Rental Yield Rule

It’s good to know the following two rules if you’re planning on buying an immovable property not for your own use.

👉🏼 commercial properties give a much better return than residential properties do

👉🏼 if the property does not generate a minimum 3% of the total cost of the house as annual rent, then it’s not just bad, it’s terrible.
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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.

Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.
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