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  1. Mick C

    high rental yield does it mean anything with banks?

    1. Most Bank will cap the RY at 6.5% ( 7% for some) ....so even if you buy at 10% RY...they will cal based on their val report OR max 6.5% either way. 2. 80% of total rent taken. 3. Side note, 10% yield sounds like a service apartment/ studio or a very small regional town. Becareful...
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