Originally Posted by
Arcachon
1988 Loan $ 83,000 for 4 room HDB (Kim Keat Ave) First cherry.
1995 sell $285,000 profit $180,000.
1996 move into 5 room HDB loan $200,000. (Balam Road) Second Cherry.
2006 loan $428,000 for 2 Bedroom @ SouthBank.($535,000)
2011 loan $660,000 from SouthBank.(Cash out)
2011 loan $750,000 for 3 Bedroom PH @ Terrasse.($1,305,800)
Total loan about $1,800,000.
Monthly income $2,400. Rental income $2,400+$4,100=$6,500.
Mortgage = $2,329.14(660,000)+$1,475.76(428,000)=$3,804.9 cash.
Buy Low Sell High.