Are there any properties in Singapore where the rental income can fully cover the monthly payments

In Singapore, whether a property's rental income can fully cover its monthly mortgage and expenses depends on several factors, including the property's location, type, purchase price, loan terms, and the prevailing rental market.

Some property owners, especially those who purchased at a lower price or secured favorable loan terms, may find that their rental income is enough to cover their monthly mortgage payments and associated costs such as maintenance fees, property tax, and agent fees. This scenario is often called being "cash flow positive."

However, for many properties—especially in premium locations or bought at recent high prices—the rental income may only partially cover the monthly installment, with owners needing to top up the remainder. This is particularly common for new condos or properties with high purchase prices where mortgage payments may be substantial relative to the current rental market.

To evaluate whether a specific property can achieve this, it is essential to:
- Compare current achievable rents with the property's mortgage payment and expenses.
- Use tools like EdgeProp’s calculator and valuation services to estimate potential rental yields and costs.
- Factor in maintenance, taxes, and vacancy periods.

Property investors should analyse each property on a case-by-case basis, as outcomes vary widely even within the same estate or district. Using EdgeProp's analytics and fair value tools can help calculate your likely rental yield and determine if the rental market can fully cover your monthly outlay.