All Topics / The Treasure Chest / Three questions

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  • Profile photo of spannerspanner
    Member
    @spanner
    Join Date: 2003
    Post Count: 8

    1) How do I work out my actual cash in pocket? ie after all the tax and medicare and super etc etc.
    I earn a measly $27k gross. No kids no dependants etc etc.

    2) Are we looking for areas that have a low average weekly income?

    3)What is the real cost of owning a house? ie rates, repairs, insurance.

    3a) What are a list of factors that I should take into account hwen trying to work out what the running cost of a house is going to be? If as Steve says the ave’ csh on csh return is about $30 per property will this be enought to reinvest in the property as well as contribute to another savings for another deposit?

    Thanks for reading and no doubt there will be many many more Q’s later.

    Profile photo of crashycrashy
    Participant
    @crashy
    Join Date: 2003
    Post Count: 736

    Hi Michael

    could you send me that spreadsheet?

    cheers

    [email protected]

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