Recent content by timo.cedar

Thanks, this identifies the weak points. The IDR 89,950,000 is expected rent, not income from a signed lease, so I will treat verification of comparable completed leases as essential. I’ll also request the building budgets and contribution history, separate recurring charges from major works...

This would be our first rental, so I may be missing an obvious cost. It is a 1-bed duplex in Jakarta at IDR 18,740,000,000, with expected rent of IDR 89,950,000 per month. That gives a headline gross yield of roughly 5.8%. The building appears sound, but the building reserves could change the...