Hi aptam,

This is a good point. The 10.4% is most likely a gross return. Hence, the net return and CoCR could be lower.

However, there are other factors you have to take into account as well, for instance ways of increasing the rent by renovating, subdivision potentials, capital growth potentials(at last).

Remember the formular, annual rent/purchase price x100=yield

Here is an example:
(150×52)/75000=10.4%

You might want find the “Getting Creative” forum interesting too.
https://www.propertyinvesting.com/forum/forum/28.html

All the best
Dmitri
[exhappy]