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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Can One Rent An Apartment Of 250k Per Annum With 80k Job? (33316 Views)
Here Is The Wicked Condition Someone Gave Before He Connects Me To This 80K Job. / Is It Wise To Pay 200k/a Rent From 80k Job? / Is Going To London To Hustle Better Than An 80k Job In Nigeria? (2) (3) (4)
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Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Flexingbaba(m): 9:45am On Jul 30, 2021 |
Be wise ooo, I don't think is a good idea am presently earning close to times 10 of that salary but still my rent is 200k per annum |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by buzorcharles(m): 9:46am On Jul 30, 2021 |
yrs since u are not married |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Godful: 9:46am On Jul 30, 2021 |
So you will be removing 25k from the 80k every month just for rent. You will be left with 55k, light bill and other utilities excluded |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Nobody: 9:47am On Jul 30, 2021 |
Yorubabyblood: 100k rent sef for uyo no be better house Talk less of lag 3 Likes |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Dy4me2u: 9:48am On Jul 30, 2021 |
Are you married if yes, then go for it, and if no, is not advisable ok look for cheaper lodge |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by adedayourt(m): 9:49am On Jul 30, 2021 |
Goodplace: Ideally your 2months salary should be able to settle your annual rent conveniently, anything outside this, you would be straining your cash flow. |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Moscodee1990(m): 9:50am On Jul 30, 2021 |
My two months pay can pay my yearly rent with change remaining. I no want wahala |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Imoobot(m): 9:50am On Jul 30, 2021 |
If at most your two months salary can not comfortably pay for your one year rent,My Brothers and Sisters, that is not where you belong. Look for another accommodation. Note: No be everybody where there in a hurry get appointment o...some get running stomach. 3 Likes |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by gassbee: 9:50am On Jul 30, 2021 |
generationz:nice budgeting bro 2 Likes |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by festyese: 9:51am On Jul 30, 2021 |
femi4: You get sense. |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by easzypeaszy(m): 9:51am On Jul 30, 2021 |
dat is me..wt wife n kid |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by bellosulaiman(m): 9:52am On Jul 30, 2021 |
Goodplace: Hi moderator, kindly look for 200k apartment and thank me later. The reason is that 250k per annum is more than your three months salaries. Take care and regards |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by CSTRR: 9:52am On Jul 30, 2021 |
Any annual house rent that cannot be taken from your one month salary is too expensive for your level. 1 Like |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by NoToPile: 9:52am On Jul 30, 2021 |
kestare: Ehyah, I understand how you felt then because I stay around that Axis, but honestly it so much better now. After they finished trade fair, barracks, you get a smooth ride from volks to mile 2 . It remains volks, Iyanaiba, and okoko if that is completed lots of peeps will be so happy. I wonder how those who work on the Island from my side cope back then. It was really terrible oo. |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by phemmyfour: 9:52am On Jul 30, 2021 |
Goodplace:Your rent shouldn't be more than 80*2 = N160k Anything above that, you are into a rat race |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Yankee101: 9:53am On Jul 30, 2021 |
Yes You can spend up to 30% of your income on accommodation. But the lesser the better 2 Likes |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by CSTRR: 9:54am On Jul 30, 2021 |
If I earn 80k, I cannot live in a house with an annual rent that is more than 90-120k per annum. 1 Like |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Nobody: 9:55am On Jul 30, 2021 |
You should be earning 210k monthly to pay such annual rent... ...At most 15% of your Annual should normally go for rent. Your rent should be between 100k and 120k 1 Like |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by biggz82: 9:56am On Jul 30, 2021 |
Yes bros, i rented a house of that same amount without a job, after 2 years i got a job of 50k. How i manage to pay with 50k: ...... I divided the rent by 12 months so a month is abit above 20k so i made sure i keep 21k aside every month and manange with the rest this was my pattern for 3 years untill oluwa pick my call 3 Likes |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by gbagyiza: 9:56am On Jul 30, 2021 |
I earn 213K per month n I live with my family in a 150K 2-bedroom flat. What r u doing in a 250K house? It's not economical bro. 1 Like |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Skillsnigeria: 9:56am On Jul 30, 2021 |
Yes, you can. But plan very very well |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by defash8: 9:58am On Jul 30, 2021 |
Your annual rent should not be more than 2 months salary. |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by DonnyE(m): 9:59am On Jul 30, 2021 |
femi4:And the multipling factor reduces as your salary Increases, you shouldn't rent a house of Two Million just because you earn 1M |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Modesty0604(m): 9:59am On Jul 30, 2021 |
If you have one or two other hustles that give you some money, good, but if it is just 80k that you get at the end of every month, then it may not be too goo unless you are a financially disciplined person... |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Nobody: 9:59am On Jul 30, 2021 |
biggz82:This is suffering mode... You try shaa |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Darkblood: 9:59am On Jul 30, 2021 |
Goodplace:Your 2-3months salary should be able to effectively cover ur rent |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by McBenedict(f): 9:59am On Jul 30, 2021 |
let's pray god helps |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by ledaman: 10:00am On Jul 30, 2021 |
Bros Cut your coat according to your cloth, not your size it would be suicide to rent an apartment of 250k with salary of 80k why because you will keep having difficulty in savings and others expenses would crop in. Unless you want to be cut corners @ your working place to meet up your demands. |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by Selflove9970(m): 10:01am On Jul 30, 2021 |
You can, but it is very risky, I will prefer you go for between 150k-200k. Your rental fee shouldn't be more than one-fourth of your annual income. This would allow you to pay easily and conveniently. Remember, you have other expenses too. Welcome Bro 2 Likes |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by ledaman: 10:02am On Jul 30, 2021 |
Dy4me2u:What are you saying? Married man should rent an apartment of 250k with salary of 80k Bros I hail you ooo 1 Like |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by nelbise(m): 10:02am On Jul 30, 2021 |
Any house you are going to rent for a salary of #80,000 per month i will advice you should rent a house that your one month salary can pay for per annum. meaning your one month salary should be able to pay your annual rent so that you can still have 11months to play with the year runs out. |
Re: Can One Rent An Apartment Of 250k Per Annum With 80k Job? by armadeo(m): 10:02am On Jul 30, 2021 |
gbagyiza: Depends on the state you are in ? I doubt this is lagos. 150k 2 bedroom flat. For where e dey? Anyway guy depends on many factors. If the house is one bus or close to your office collect it sharp sharp. Leave all those 2 months principle matter. The amount you spend on transport and stress can never be upto the 100k difference if you stay father away. House near the office is the best option. 3 Likes |
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