All Topics / Help Needed! / +VE CASHFLOW EXAMPLES
HI ALL
I AM INTERESTED IN SOME EXAMPLES OF +VE CASHFLOW PROPERTY THAT PEOPLE HAVE BEEN ABLE TO FIND AS I AM STRUGGLING IN THE AREAS I AM LOOKING TO FIND ANY.
I HAVE TRIED TO LOOK IN DIFFERENT PRICE RANGES & IN VARIOUS DIFFERENT AREAS BUT ONLY SEEM TO BE ABLE TO FIND NEUTRAL AT BEST.
THESE CALCULATIONS I AM MAKING ARE BASED ON NO DEPOSIT BORROWING 100% AMOUNT INCLUDING ALL FEES & OUTGOING COSTS. WORKING OUT THE WEEKLY REPAYMENTS & RENT EXPECTANCY & TRYING TO COME UP WITH SOMETHING AROUND $30-$50 PW IS THIS RIGHT OR SHOULD I BE CALCULATING SOME OTHER WAY
REGARDS
BOARDY
Mt Isa $120,000.00 purchase renting for $300.00 per week, how much positive are you looking for.[blush2]
Duplex pair $60 000 returning $200p/w = 17.3%gr.
Duplex pair $90 000 returning $200p/w = 11.5%gr.
House $20 000 returning $70p/w = 18.2%gr.
House $49500 returning $110p/w =11.5%gr
House $32500 returning $160p/w =25.6%gr
I just bought the last one.
I could keep going if you like.
Russ.have you looked at 100 properties yet ? otherwise keep looking.
cheers,
ozTHANKS ALL FOR YOUR INFO I THINK BY THE SOUNDS OF THINGS I NEED TO LOOK HARDER & BROADER.
FROM YOUR EXAMPLES IT LOOKS LIKE I NEED TO LOOK AT CHEAPER PROPERTIES THAN I HAVE BEEN LOOKING & POSSIBLY SMALLER TOWNS
REGARDS
BOARDY
Boardy.
The cheaper the property the less you have to put in to get the deal happening so therefore the greater return on your initial investment.RUSS
THANKS FOR YOUR INPUT IF YOU HAVE ANY AREAS YOU CAN SUGGEST, ESPECIALLY IN THE SOUTH WEST AREA OF W.A. WOULD BE APPRECIATED ALTHOUGH HAPPY TO CONSIDER ANYWHERE IN OZ PROVIDED CAN FIND A GOOD PM
BOARDY
Boardy,
I suggest you stop using all capitals to type – this is commonly on the internet referred to as SHOUTING
As you can see from the way the caps emphasise the last word
Cheers,
Aceyducey
Acey
Nothing against you dude, but perhaps a PM would have been better than a post that has nothing to do with the topic.
Look what I’ve done now![laughing][laughing][laughing]
‘Eat rich food, barbeque a yuppie’ [greedy]
You must be logged in to reply to this topic. If you don't have an account, you can register here.