Investment property Expertise at Your Command
For over 20 years, we have been educating people on how easy & affordable owning an investment property can be. Here is a general guide for educational purposes.
Paul & Lynda: New Investment property Purchase
Product Name | Price |
|---|---|
House & Land | $450,000 |
Government Fees and Legal | $15,000 |
Total Borrowed 100% | $465,000 |
Incoming Cash Weekly | Rent less agents fee $430 |
Tax benefits (Back in pay every week) $150 | |
Total In per Week | $580 |
Outgoing Cash Weekly | Loan & Running Costs (rates/insurance etc) $605 |
Out of pocket expense to Paul & Lynda $25 week |
As the table above shows, the weekly out of pocket cost to own and maintain an investment property can be a lot less than you think. In fact for many clients, on some properties, it can actually be substantially cash flow positive. I hope this helps and feel free to contact us if you want to learn what’s possible for you!
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Periodic review and active management are both very important aspects when maintaining a portfolio of investments. New opportunities present, and your equity situation will improve over time. We will help you in assessing these movements in order to ensure you continue on the right path to financial freedom and that things are moving along as expected.
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