Client purchased and built the property, then refinanced not long after handover. The bank valuation was quite favourable and allowed the investor to get started with new asset acquisition for their portfolio.
Property Investment Strategy Overview: Cashflow Investments focused on cash flow are selected for their ability to generate consistent and high rental income. This strategy suits investors seeking to enhance their income and ensure the property can cover its expenses, including mortgage payments. These properties are often located in high-demand rental markets with solid occupancy rates and different types of assets.
67.06%
Capital Growth
($710,000)
64.00%
PW Rental Increase
($615)
5.3 Years
Time Owned
| Case Study (Aug-2024) | Details |
|---|---|
| Case Study Last Updated | 08/2024 |
| Property Purchased | 08/2020 |
| Time Owned | 5.3 Years |
| Purchase Price | $425,000 |
| Property Value Today | $710,000 |
| Equity | $285,000 |
| First Tenants Rent | $375 |
| Current Rent PW | $615 |
| Property Type | Terrace |
| Strategy | Cashflow |
| Bedrooms | 3 |
| Bathrooms | 2.5 |
| Garage | 1 |
