A few missing facts matter: When does the current term end? Are the MX$54,000 comparisons actually similar in condition, size, parking, furnishings and included charges? Also, how long do comparable apartments remain available? Asking rent without likely vacancy time is only half the calculation.
I wouldn’t make the cash-return threshold completely rigid. Better transport and employment access may support tenant demand and eventual resale liquidity, which have economic value even if they do not appear as monthly cash flow. The caveat is that you should not convert that value into an...