What is the ROI % for a purchase price of $650,000 with a monthly rent of $4,500?

To calculate the Return on Investment (ROI) for a property in Singapore, you need to consider the annual rental income and the total costs associated with the property.

1. Purchase Price: $650,000
2. Monthly Rent: $4,500
3. Annual Rent: $4,500 * 12 = $54,000

Assuming there are no other significant expenses such as property taxes, insurance, and maintenance for simplicity, here is the calculation:

- Annual Net Income: $54,000
- Purchase Price: $650,000

The ROI is calculated by dividing the annual net income by the purchase price:

ROI = (Annual Net Income / Purchase Price) * 100
ROI = ($54,000 / $650,000) * 100
ROI = 8.31%

So, the ROI for a property purchased at $650,000 and fetching a monthly rent of $4,500 would be approximately 8.31%. However, in a real-world scenario, you would also need to account for other expenses such as property taxes, insurance, and maintenance to get a more accurate ROI figure. For a more detailed analysis, you can use the property calculators available on EdgeProp Singapore.