Covid delayed their wedding but not the investment plans for these newlywed ‘rentvesters’. This one needed a little love, purchased below market value and with a little TLC was up to scratch and rented $20pw above our client’s expectations. Project managed from interstate with the help of our network. Great capital growth in the last 12 months meant this couple are ready to buy again!
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$350,000
Purchase Price
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$850,000
Current Value Price
$535,000
Equity Growth
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$375
Starting Rent
$650
Market Rent
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545 sqm
Land Size
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$315,000
Purchase Debt (90% Loan)
10.73%
Return on Debt
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1.78%
Vacancy Rate
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4
Beds
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2
Baths
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2
Cars