Busy and ambitious investor is building a strong portfolio of high-yield growth properties. With our help in identifying cheapies with prospects, our client has invested in two properties for under $300,000 with great rental yield and good land size and growth potential in a large regional centre.
This was achieved while renting and living in a prestigious Sydney suburb. The journey will continue with plenty more acquisitions on the horizon.
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$289,000
Purchase Price
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$560,000
Current Value Price
$299,900
Equity Growth
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$360
Starting Rent
$550
Market Rent
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496 sqm
Land Size
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$260,000
Purchase Debt (90% Loan)
11%
Return on Debt
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0.76%
Vacancy Rate
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2
Beds
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1
Baths
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2
Cars