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    Jakarta rental: IDR 18.74bn purchase and IDR 89.95m monthly rent — does it work?

    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...
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    Jakarta rental: IDR 18.74bn purchase and IDR 89.95m monthly rent — does it work?

    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...
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