I got two options, please help me to decide which is better one
Option 1: house price 150Lac (1200 sq) – we can stay in one floor (2bhk) and give other 2 floor rent (each floor has 3 1bhk house – total 6 1bhk to rent). Total monthly rental income – 54,000
Option 2: house price – 90 Lac (600 sq) – duplex house – we could stay in the house, no rental income
I have considered that excess amount I spend for option-1 (60Lac) – I could keep in debt instrument and get close to rental income (so avoid depreciation in building). So I prefer option-2. Please help me if I miss some aspect in my decision…