Sydney homeowner uses equity to buy a solid 4, 2 & 2. 4 Beds, 2 bathrooms, 2 garage. To build a similar home on smaller land nearby would cost an uninformed ‘investor’ an additional $150,000 above our purchase price and not achieve greater rent. Buyers beware!
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$460,000
Purchase Price
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$900,000
Current Value Price
$532,000
Equity Growth
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$400
Starting Rent
$750
Market Rent
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651 sqm
Land Size
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$368,000
Purchase Debt (80% Loan)
10.60%
Return on Debt
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0.9%
Vacancy Rate
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4
Beds
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2
Baths
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2
Cars
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