just some questions, page-5

  1. 646 Posts.
    Hi Maxim and nice post!

    Two things come to mind.

    1. On the down side, is 15% is a realistic "safety margin"? I think this will vary from market to market.

    2. On the up side, I don't believe your figures have taken the management income into account. GR has put a value on this but I can't remember what it was. Someone else might chime in here.
 
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