17/10/2021
"The best INVESTMENT is the LAND itself. It is simply man's basic need, safe since its tangible titled under your name, never duplicates, and you don't have to think twice if it will appreciate or not (PRICE). Way yuta nibalik sa tag piso ang per square meter."
● HOUSE & LOT: 1Million
● CAPITAL: 100K ONLY (Downpayment)
● LOAN: 900K @ 6K/mo(Monthly Rental starts @ 10k/mo)
RENTAL RATE:
▪︎1st yr: 10k/mo
▪︎10th yr: 20k/mo
▪︎20th yr: 30k/mo
▪︎30th yr: 45k/mo
TOTAL RENTAL INCOME for 30yrs: 7.2Million (average)
30YRS AFTER:
1. RENTAL INCOME: 7.2MILLION
2. VALUE AFTER 30YRS: 15.9MILLION
100K becomes 23million AFTER 30YRS (CONSERVATIVE)
■ If I have 1MILLION I can buy 10houses so after 30yrs I have 230MILLION.
■ The best part of putting you SAVINGS in REAL ESTATE is that you won't easily be tempted to withdraw and spend to simple temptations of useless spendings...