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    Cairo 5-bed condo: is 5.4% gross enough margin?

    I’m deciding whether this Cairo condo is worth taking into full due diligence. It is a 5-bed at EGP 7,920,000, with expected rent of EGP 35,860/month. That produces the advertised gross yield of roughly 5.4%. Demand appears credible and the building looks sound, but the margin becomes less...
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