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@kevdog1232 I would have to run the numbers for that €180k mortgage and how much interest is saved considering you would be making deferred payments, not €45k in one installment on year 1.

@valetudo I respect your point of view but that's not what I've experienced. I struggled for over 2 months to find a suitable tenant for a bedroom in a central location. The rent was 950. I have friends paying €1,100 - €1,200 inclusive of bills only at a prime location like Ranelagh or...

@valetudo And even if you manage to rent a bedroom for €1,166, you're going to have a lot of tenants in rotation. Finding new tenants is a pain and is also like playing Russian roulette.

@valetudo €14k is quite optimistic, unless you own a 2-bedroom apartment in Ballsbridge/Docks, or you're renting to a couple, which is not typical for the average new buyer and has even more downsides.

@deebouchie In your example I would assume you bought a 2 bed 2 bath apartment, even in a decent area most guests/tenants wouldn't be willing to pay more than 1k per month for a bedroom. The rent a room scheme is inclusive of utilities meaning that if you charge €900, you would need to subtract...