Recent content by pebble.honest

The 7.8% gross yield looks healthy at first glance, but unresolved flood exposure could change the decision quickly. The property is a Mexico City 1-bed condo priced at MX$6,840,000, with expected rent of MX$44,710 per month. I have assumed no appreciation. The cash-flow estimate allows for...

The constraint is simple: I do not want to fund an open-ended monthly shortfall. The Mexico City warehouses I’m reviewing are around MX$12,960,000, and the numbers go below zero after vacancy, management, maintenance reserves, insurance and financing at 5.62%. Property tax and the cost of...