TSX:NWH.DB.G - Post by User
Comment by
canadianon Jul 26, 2024 3:17am
170 Views
Post# 36149306
RE:RE:Sold this one last year above 9$. Is it a buy now?
RE:RE:Sold this one last year above 9$. Is it a buy now?Good for you. I have better reits looking at fundamentals
Cap rate 6%
Debt ration 52%
Yield 7%
Current Average Mortgage interest rate 6%
New mortgage rates 7%+. If they keep taking new mortgage rates at 7%, they barely would cover dividend.
I believe it all depends on interest rates.