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 Post subject: Are Decent Rental Yields Available?
PostPosted: Fri Nov 10, 2017 3:10 pm 
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Neo Landlord

Joined: Feb 12, 2010
Posts: 200
I have some money to invest and would consider buying a rental property if I thought I could get a return that would cover my costs, allow for a maintenance sinking fund and leave me with a fairly consistent net yield of 5% or thereabouts. Do you think this is a sensible target and, if so, is it achievable in Ireland at present?


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 Post subject: Re: Are Decent Rental Yields Available?
PostPosted: Fri Nov 10, 2017 9:49 pm 
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Under CAB Investigation

Joined: May 12, 2012
Posts: 1882
Yes.

Look at apartments in cities outside Dublin.

A small mortgage might be tax efficient.


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 Post subject: Re: Are Decent Rental Yields Available?
PostPosted: Sat Nov 11, 2017 6:31 pm 
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Under CAB Investigation

Joined: Apr 9, 2014
Posts: 1859
comstock wrote:
I have some money to invest and would consider buying a rental property if I thought I could get a return that would cover my costs, allow for a maintenance sinking fund and leave me with a fairly consistent net yield of 5% or thereabouts. Do you think this is a sensible target and, if so, is it achievable in Ireland at present?

When you say 5% net do you mean net of tax and expenses? Or just expenses?


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 Post subject: Re: Are Decent Rental Yields Available?
PostPosted: Sat Nov 11, 2017 7:02 pm 
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Old Time Landlord

Joined: Sep 6, 2008
Posts: 378
The rent a room scheme whereby you can have up to 14,000. Tax free is a good scheme brought in by Fine Gael. Everyone should avail of this if their property can be programmed. Investments need to be managed by yourself, and most people have different needs. The pension investments need to be managed also by yourself. How much you want in Irish property, foreign property, equities and cash when things are volatile. Perhaps, it may be wise to sit back and enjoy your money and make a proper cup of tea or coffee and enjoy yourself. All investments are a risk.


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 Post subject: Re: Are Decent Rental Yields Available?
PostPosted: Mon Nov 13, 2017 11:51 am 
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Under CAB Investigation

Joined: Feb 27, 2007
Posts: 1803
I went mixed commercial. Took a lot of work with renovations etc. Currently on 12.5% gross.

Net is a completely different story, I'll let the accountant figure that out. at year end.


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 Post subject: Re: Are Decent Rental Yields Available?
PostPosted: Sun Nov 19, 2017 7:38 pm 
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Neo Landlord

Joined: Feb 12, 2010
Posts: 200
Thanks for your comments. My congratulations to Braighni for getting over 12% gross. Even with hefty expenses and a few voids he must be netting about 7%.
The 5% I mentioned was net of expenses, not tax.


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