A 2 Million Baht Condo Let at 10,000 a Month: Real Return or Just a Good-Looking Number
Rent of 10,000 a month on a 2 million baht condo is a 6.0 per cent gross yield, but after voids, common fees, maintenance and agent fees it nets about 3.78 per cent before income tax. MRR at the major Thai banks in early 2026 is roughly 6.6 to 6.95 per cent, so a mortgaged unit runs at negative cash flow.











